Gas Price
By CoinGecko | 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
Algorithmic Stablecoin
Algorithmic stablecoins are tokens pegged to a fiat currency which is usually the US dollar, purely through software and specific conditions.
Degen
Cryptotrading without Due Diligence and research - basically gambling
Dutch Auction
A Dutch Auction, also know as an "inverted" auction, starts off with high asking price that decays over time until a pre-determined floor price.
Lightning Network
It is the "second layer" or an off-chain of payment protocol that operates on top of a blockchain. Payments on this network do not need block confirmation and it will be instant.
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