Tag: required execute transaction contract

How Is Ethereum Gas Calculated

Ethereum gas is a unit that measures the computational power required to execute a transaction or contract on the Ethereum network. It is also used as a pricing mechanism to incentivize miners to include transactions in their blocks. The Ethereum gas calculation algorithm is designed to ensure that a transaction or contract always requires a […]

Ethereum What Is Gas

Ethereum What Is Gas Gas is a unit of measurement used in Ethereum to measure the amount of work that is required to execute a transaction or smart contract. Gas is used to prevent spam on the network and to ensure that transactions are executed in a fair and timely manner. When a user sends […]