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
Public Blockchain
An open sourced blockchain where participation is public and permissionless
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.
Mining
It is the process of the miners verify and adding transaction recors into a block.
ERC-721
ERC-721 is one of the most widely used token standards in Ethereum to create non-fungible, exchangeable tokens.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.