Gas
Gas is a unit of measurement in blockchain networks, particularly in the Ethereum network. It represents the computational effort required to execute a transaction or smart contract. Gas is used to determine the transaction fee or cost, and it helps prevent spam or resource-intensive activities on the network. Gas fees vary based on the complexity of the transaction or contract and the prevailing network congestion. Users pay gas fees to miners or validators for processing and including their transactions in the blockchain.
PREVIOUS WORD
Graceful Degradation
NEXT WORD
Genesis block