Ethereum Gas - Deepstash

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:

  • You go to the gas station & specify how much gas you want to fill up in your car.
  • You get that gas-filled up in your car.
  • You pay the gas station the amount of money you owe them for the gas.

In Ether world:

  • Driving the car is the smart contract.
  • The gas is well….gas.
  • The gas station is your miner.
  • The paid money is miner fees.

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vladimir

Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.

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