What is a blockchain.

The blockchain is basically a large, digital, public record. Data is organized into "blocks” and each block contains validated transactions which are permanently stored. These blocks are then connected in a sequential order to form a "chain," creating an immutable and unalterable ledger of transactions. Blockchain technology provides an efficient way of doing transactions in fast, transparent and safe way. The technology has the potential to revolutionize how we exchange data, transfer ownership, and verify transactions with each other.

Gas fees.

Gas fees are a compensation to validators who process transactions on a blockchain, like a fuel that enables the network to operate. They are required to execute transactions on a blockchain and compensate the node operators who maintain the blockchain's functionality. This validation process ensures a permanent and immutable record. At Fundle you don't have to worry about gas fees, we take care of this for you!