Gas

DeFi

Gas is a measure of how much work is needed to complete transactions or run smart contracts on the Ethereum network. Think of it as the fuel that powers these activities. To use the network, you need to pay for gas, which involves two key concepts: Gas Limit and Gas Price.

Definition: Gas is a measure of how much work is needed to complete transactions or run smart contracts on the Ethereum network. Think of it as the fuel that powers these activities. To use the network, you need to pay for gas, which involves two key concepts: Gas Limit and Gas Price.

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