Gas Price
By CoinGecko | Updated on Aug 12, 2021
A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain.Gas price is dominated in Gwei.
Related Terms
Decentralized
A system where there are no centralized points of failure or organization with no central authority figure.
Bearish
A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.
Open/Close
The price at which a cryptocurrency opens at a time period, for example at the start of the day; the price at which a cryptocurrency closes at a time period, for example at the end of the day.
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
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