Cryptocurrency Q&A
What is 3 gwei?
What is 3 gwei?
Giuseppe
Wed Jan 01 2025
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5 answers
932
I've been hearing a lot about Ethereum and its currency, Ether. Recently, I came across a term called 'gwei' and I'm confused about what it means. Specifically, I want to know what 3 gwei represents.
5 answers
CryptoQueen
Thu Jan 02 2025
In the context of Ethereum, wei represents the smallest divisible unit of Ether (ETH).
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Martino
Thu Jan 02 2025
Ether is the cryptocurrency associated with the Ethereum network.
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isabella_cole_psychologist
Thu Jan 02 2025
Gwei serves as a unit of measurement within the Ethereum blockchain.
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Luca
Thu Jan 02 2025
This term is an abbreviation for "Giga-wei," where "giga" signifies a numerical value of one billion.
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GeishaMelodious
Thu Jan 02 2025
Specifically, 1 Gwei is equivalent to one billion wei.
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