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
Hyperledger (Hyperledger Foundation)
Hyperledger is an open source collaborative effort to create blockchain technologies hosted by The Linux Foundation since 2016.
Centralized
An organization structure wherein a small handful of actors have control over the entire network.
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
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