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Understanding Layer 2 on Ethereum and Gas Payments

One who understands might say it's not possible. Layer 2 on Ethereum means that the fuel (gas fees) is paid in Ether.
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AI Analysis

Layer 2 solutions on Ethereum are designed to enhance scalability and reduce transaction costs. These protocols operate on top of the main Ethereum blockchain, allowing for transactions to be processe...

AI Recommendation

It's important for users engaging with Layer 2 solutions to understand that ETH will still be needed to pay for gas. This highlights the importance of holding a sufficient amount of ETH if active inte...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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