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

Bitcoin ATM

A machine from which you can buy or sell Bitcoin. Typically also offers different types of cryptocurrencies.

Decentralized Applications (dApps)

Applications that run on decentralized peer-to-peer networks such as Ethereum.

Super Staker

A Qtum Core wallet (full node) providing Proof of Stake for delegated addresses, and keeping a small part of each block reward as their fee for providing the staking services.

Hashrate

Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.

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