Tag: demand network resources

What Is Ethereum Gas Token

What is Ethereum Gas Token? The Ethereum gas token, also known as GAS, is the internal currency of the Ethereum blockchain. It is used to pay for transactions and to power smart contracts. How Does Ethereum Gas Token Work? The Ethereum gas token is used to pay for transactions on the Ethereum blockchain. The price […]

What Time Of Day Is Ethereum Gas Cheapest

There are a few things to keep in mind when trying to figure out when Ethereum gas is cheapest. The time of day, the type of transaction, and network congestion all play a role. Generally, gas is cheapest during the night, when there is less traffic on the network. Transactions that require less gas tend […]