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This increase in traffic resulted in Ethereum gas fees of up to $14,000 for some users and failed transactions for others. Gas fees are charges passed on to users to compensate for the computing energy of processing Ethereum transactions. To make matters
To make matters worse, some who experienced failed purchases were still charged for the energy costs. According to Crypto Briefing, users paid $165 million in gas fees during the sale due to Otherside's poorly developed smart contract code.
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