Save Money on Transaction Fees! | Blockchain Central

The video explains the concepts of gas limit and gas price in Ethereum, essential for understanding transaction costs. It covers the role of miners, smart contracts, and the importance of gas in executing operations on the blockchain. The video also provides tips on saving transaction fees by adjusting gas prices and highlights the significance of gas limits in smart contracts. Finally, it offers a disclaimer about the content not being financial advice.

What is the significance of the 'wei' unit in Ethereum gas pricing?

Describe how miners prioritize transactions based on gas price.

How can users save on transaction fees when using Ethereum?