Gwei
By CoinGecko | Updated on Mar 03, 2020
The monetary domination of gas, involving Ether. It is a very small amount of Ether and one Ether is worth 1 billion gwei.
Related Terms
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
Decentralized Applications (dApps)
Applications that run on decentralized peer-to-peer networks such as Ethereum.
ERC-1155
ERC-1155 token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes.
Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
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