Blockchain Glossary

Gas

Published on August 30th, 2021

Ethereum Gas is a unit that measures the amount of computational effort that it will take to execute certain operations. Every single operation that takes part in Ethereum, be it a transaction or smart contract execution requires some amount of gas.

Every single operation that takes part in Ethereum, be it a transaction or smart contract execution requires some amount of gas. Miners get paid an amount in Ether which is equivalent to the total amount of gas it took them to execute a complete operation.