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What Is the Role of a ‘Gas Fee’ in a Smart Contract Platform?

A gas fee is a payment made by a user to compensate the network's validators or miners for the computational effort required to process and execute a transaction or a smart contract operation. Gas is the unit of computational work.

The fee helps prevent spam on the network and allocates limited network resources efficiently. The fee amount is determined by the complexity of the operation and the current network congestion.

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