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:
In Ether world:
41
144 reads
CURATED FROM
What is Ethereum Gas? [The Most Comprehensive Step-By-Step Guide Ever!]
blockgeeks.com
9 ideas
·1.49K reads
IDEAS CURATED BY
Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
The idea is part of this collection:
Learn more about technologyandthefuture with this collection
How to start a successful business
How to build a strong team
How to market your business
Related collections
Similar ideas to Ethereum Gas
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:
Ether is made of a blockchain (an immutable database) and a world decentralised computer (EVM), a virtual machine in which all the smart contracts function in Ethereum.
The EVM is a simple yet powerful Turing Complete 256-bit virtual machine. Turing Complete means that given the re...
Bitcoin is a database that does only 1 thing: track ownership of coins. Ethereum adds the computational capabilities that makes Excel more than a database:
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates