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Glossary

Gas

The unit measuring computational work on Ethereum, and the fee for it.

Every operation costs a set amount of gas, and users bid a price per unit. Total fee is gas used multiplied by gas price, so a complex contract call costs more than a simple transfer. Fees rise with demand for block space, not with the value being sent.

Related terms

Ethereum, Smart Contract, Proof of Stake, Layer 2, Rollup

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