Prior to 2020, most blockchain transactions were relatively cheap. But now, with the rise of Web3 and NFTs, the price of mandatory blockchain transaction fees — also known as gas fees — serves as one of the largest barriers to entry for mainstream adoption.  For blockchains like Ethereum and Bitcoin, the price of gas fluctuates based on network congestion. That means the more people using the network, the higher the gas fee. And with Web3’s ethos centered around democratization and inclusivity, this fundamental scaling issue largely brings those core tenants into question. While the concept of gas is fairly straightforward, […]