Gas Limit
By CoinGecko | Updated on Aug 12, 2021
A term refers to the maximum amount of units of gas user's willingness to spend on a transaction on Ethereum blockchain.
Related Terms
Application-Specific Integrated Circuit (ASIC)
Refers to specialized computers that are made to do a very specific task (eg. calculate hashes for Bitcoin's Proof-of-Work)
Utility Token
cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
Immutable
A property characterized by inability to be change and stays unchanged over time.
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