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
Pump and Dump Scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
Golden Cross
It is a bullish signal in technical candlestick pattern by comparing two lines of short-term moving average and long-term average. It is a golden cross when the short term moving average broke its long-term moving average.
Mining Pool
Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks.
Wei
The smallest fraction of an Ether, with each Ether to 1000000000000000000 Wei.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.