Gas
By CoinGecko | Updated on Mar 03, 2020
A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain. It is equivalent to 'fuel' - how much fuel (gas) does it take to conduct the requested transaction on Ethereum network.
Related Terms
Secure Asset Fund for Users (SAFU)
A feature created by Binance which contains reserve funds that can be used to reimburse users in case of a catastrophic event (eg. exchange hack)
Address Delegation
Delegation of a wallet's stake to a Super Staker
Token Burn
An event in which tokens are verifiably removed permanently removed from circulation.
Mainnet
It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place.
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