NFT Glossary Deep Dive: Gas Wars
Ellen Britt for CNT #NFT Gas wars is the term given to the skirmishes that happen when too many people try to mint the same project all at once within a small time window. Of course, the validators prioritize people who pay more for gas, which naturally leads to a bidding war. Prices are then driven ever higher as people try to get ahead of the line. Whales Have The Advantage The average person gets priced out of the action fairly quickly as gas prices rise higher and higher, but whales (meaning those with deep pockets) will not be affected…