Gas Price
By | Updated on Aug 12, 2021
A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain.Gas price is dominated in Gwei.
Related Terms
Byzantine Generals’ Problem
A term used to describe the situation a single strategy which requires consensus from all members within a group who cannot be trusted or verified
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Bounty
Public tasks available for anyone for a reward
Liquidity
The ease of which cryptocurrency can be bought and sold without impacting the overall market price.
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