🔥 Why Blockchain Transaction Fees Exist 🔥
Blockchain transaction fees are paid to secure the network and process transactions. They act as an incentive for miners/validators and help manage demand.
Key reasons:
⚡ Network congestion – More users = higher fees
🛡️ Security incentives – Rewards validators/miners
⏱️ Priority processing – Higher fee = faster confirmation
⛓️ Blockchain design – Layer-1 fees vs cheaper Layer-2 scaling
📉 Pro tip: Using Layer-2 solutions or low-traffic times can drastically reduce fees.
