Gas Limits and Fees
EIP-1559 basics.
Controlling What You Spend
You decide how much computation to allow and how much to pay. The two key controls are the gas limit and the fee parameters.
This lesson covers both, including the EIP-1559 fee model.
The Gas Limit
The gas limit is the maximum amount of gas you authorize a transaction to consume.
A simple ETH transfer needs 21000; complex contract calls need more. Setting it too low causes an out-of-gas revert.
simple transfer: gasLimit = 21000
token transfer: gasLimit ~ 65000
complex DeFi swap: gasLimit ~ 200000+All lessons in this course
- What Is Gas
- Transaction Lifecycle
- Gas Limits and Fees
- Nonces and Ordering