However, syndication of content in a blockchain world is not easy, primarily because of the financialization of content platforms. In a nutshell, you have to pay to play — and not just publishers, but readers too. Commenting on or “liking” a blog post that lives on a blockchain requires an addition to the blockchain, which costs money (“gas fees” in Ethereum).
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Ethereum Gas
Gas is a unit that measures the amount of computational effort that it will take to execute certain operations. Each and every line of code in an Ethereum smart contract requires a certain amount of gas to be executed.
Suppose you are going on a road trip:
Gas Limits & Gas Price
To get an operation done in Ethereum, the sender of the transaction must specify a gas limit before they submit it to the network & a gas price:
- The gas limit is the maximum amount of gas the sender is willing to pay for this transaction. If an operation has LOW gas, ...
Basic Attention Token (BAT)
It is a token for the decentralized ad exchange. BAT connects advertisers, publishers, and users, creating a new, efficient marketplace.
The token is based on Ethereum technology, an open-source, blockchain-based distributed computing platform with smart contracts. The token is derived fro...
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