What Is Ethereum Gas & How It Makes ETH Blockchain Efficient

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The Ethereum blockchain requires Ethereum gas to keep itself running in the same way that a car needs gasoline to keep the lights on. All transactions on the Ethereum network cost a certain amount of gas, depending on the current demand for gas and the size and speed of the contract one is trying to execute. Posted in r/ethereum by u/nbr1bonehead • 16 points and 5 comments Ethereum Stack Exchange is a question and answer site for users of Ethereum, the decentralized application platform and smart contract enabled blockchain. It only takes a minute to sign up. Sign up to join this community This blog is operated by HDR Global Trading Limited, a company incorporated under the International Business Companies Act of 1994 of the Republic of Seychelles with a company number of 148707 and registered address at Global Gateway 8, Rue de la Perle, Providence Mahé, Seychelles (“HDR”). Q&A for users of Ethereum, the decentralized application platform and smart contract enabled blockchain Stack Exchange Network Stack Exchange network consists of 176 Q&A communities including Stack Overflow , the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.

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