Explain ethereum>transactions

Transactions

Transactions are the actions that add new data to the blockchain.

For a transaction to be included in a block, it pays gas: the fee for asking Ethereum to do work. Part of that fee is burned, and an optional tip goes to the validator that includes it.

From: 0x742d...f44e
1.0 ETH
Fee: 21,000 gas units × 30 Gwei gas price
To: 0x8B37...0420
Transfer Amount:1.0 ETH
Gas Cost:0.000630 ETH
Total:1.000630 ETH

A basic ETH transfer uses 21,000 gas units. The base fee is burned, and the priority fee is the validator tip.