Cryptocurrency Q&A
What is the minimum ETH gas?
What is the minimum ETH gas?
Riccardo
Thu Dec 26 2024
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5 answers
1022
I'm trying to understand the concept of ETH gas and I'm curious to know what the minimum amount of ETH gas is required for a transaction on the Ethereum network.
5 answers
SolitudeSeeker
Fri Dec 27 2024
If a transaction's gas limit is set below this threshold, miners will not pick it up for processing, rendering it ineffective.
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GyeongjuGlorious
Fri Dec 27 2024
The concept of gas limit is crucial in understanding transaction fees on the Ethereum blockchain.
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Emanuele
Fri Dec 27 2024
Gas limit signifies the maximum amount of gas you are willing to allocate to a single transaction.
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CryptoTamer
Fri Dec 27 2024
It serves as a measure to prevent infinite loops or malicious activities that could drain computational resources.
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Pietro
Fri Dec 27 2024
For instance, basic Ethereum transactions require a minimum gas limit of 21,000 units.
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