Cryptocurrency Q&A
What does 1 gwei mean?
What does 1 gwei mean?
TaekwondoMasterStrengthHonor
Tue Nov 19 2024
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6 answers
1252
I've been hearing about this unit called 'gwei' in relation to Ethereum transactions. I want to understand what 1 gwei represents and how it relates to Ether.
6 answers
KpopStarletShineBrightnessStarlight
Thu Nov 21 2024
Specifically, 1 Gwei is equivalent to 0.000000001 ETH.
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Raffaele
Thu Nov 21 2024
Notably, 1 Gwei corresponds to 1 billion Wei, showcasing the granular precision in valuing Ethereum.
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Bianca
Thu Nov 21 2024
This means that Gwei denotes one billionth of an ether.
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Valentino
Thu Nov 21 2024
The term Gwei is an abbreviation for gigawei.
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Giulia
Thu Nov 21 2024
The unit of measurement Gwei represents a fractional value of Ethereum (ETH).
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