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Gas

Gas

Definition:

One of life’s necessary evils. Gas is the transaction fee you pay when interacting with the Ethereum blockchain. If the traffic is high at the time, the fee can skyrocket into $000’s.

Degen Chat

Degen 1: “I hope you didn’t pay too much gas when you minted.”

Degen 2: “I did, the gas was more than the NFT… FML!”

Related Terms:
  • Dictionary: BSC
  • Dictionary: ETH
  • Dictionary: GN
  • Dictionary: Grail
  • Dictionary: Gwei
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    ShowUps - Web3 for Creators - 2023
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