Gas Limit
By CoinGecko | Updated on Aug 12, 2021
A term refers to the maximum amount of units of gas user's willingness to spend on a transaction on Ethereum blockchain.
Related Terms
Buy/Sell Tax
On-chain buy or sell tax rate where a percentage of the tokens bought/sold will be transferred to a set address.
Microtransaction
Microtransaction is a system that made very small payments possible in buying the common digital goods and services, such as purchasing items in a game.
MicroBitcoin (uBTC)
One millionth of a bitcoin or 0.000001 of a bitcoin. Microbitcoin is the abbreviation of uBTC and often misunderstood as the fork of Bitcoin.
ERC-20
ERC-20 is one of the most widely used token standards in Ethereum to create fungible, exchangeable tokens.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.