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
Block Confirmation
Refers to the number of confirmation a particular block has. Each block ahead of the referenced block adds one block confirmation to it.
Smart contracts
Self executing contracts on the blockchain without needing human executors or notary.
ERC-721
ERC-721 is one of the most widely used token standards in Ethereum to create non-fungible, exchangeable tokens.
Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
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