Network Congestion
Network congestion occurs when more transactions are waiting to be processed than the blockchain can handle immediately.
✦ Key Insight
Congestion increases transaction costs and confirmation times.
✕ Common Misconceptions
Paying unnecessary high fees.
Assuming the blockchain is broken.
Detailed Explanation
How It Works
Validators prioritize transactions offering higher fees.
In Practice
Dig Deeper
Gas Fee
A gas fee is the cost paid to process a transaction or execute a smart contract action on a blockchain. It is the fee users pay to the network so their transaction can be included and confirmed.
Confirmation
A confirmation occurs when a blockchain includes a transaction in a validated block.
Mempool
The mempool is a temporary waiting area where pending blockchain transactions remain before being confirmed.
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