Gas Limit
Gas Limit is the highest amount of gas (a fee for processing transactions) that a user is willing to pay for a transaction on the Ethereum network.
More terms under G
- Game TheoryGame theory is a method for studying how people and organizations make decisions in situations where their choices affect each other, often used to understand…
- GameFiGameFi, or play-to-earn (P2E) games, are a new type of game that combines gaming with cryptocurrency. These games allow players to earn money by playing and…
- GasGas is a measure of how much work is needed to complete transactions or run smart contracts on the Ethereum network. Think of it as the fuel that powers these…
- Gas PriceGas price is the amount of money you pay to process a transaction on the Ethereum network. It determines how quickly your transaction will be completed.
- Gas Station Networks (GSN)Gas Station Networks (GSN) help developers create decentralized apps (dApps) that can cover transaction fees, so users don't need to own Ether (ETH) to pay for…
- Gavin WoodGavin Wood is one of the people who helped create Ethereum, a popular cryptocurrency, and he is also the co-founder of a company called Parity Technologies.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.