Gas
By CoinGecko | Updated on Mar 03, 2020
A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain. It is equivalent to 'fuel' - how much fuel (gas) does it take to conduct the requested transaction on Ethereum network.
Related Terms
Futures
An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
Bear Market
Contrary to bull market, it indicates the direction of the market going for downward trend.
Fiat-Pegged Cryptocurrency
Cryptocurrencies are pegged to an underlying asset.
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