I've been hearing a lot about
Ethereum recently and there's one term that I often encounter - 'wei'. I'm curious to know what 'wei' actually represents in the context of Ethereum.
5 answers
HallyuHeroLegendaryStar
Mon Jan 06 2025
This unit is incredibly small, representing just a fraction of the overall cryptocurrency.
Daniele
Mon Jan 06 2025
Specifically, one Wei is equivalent to 1 quintillionth of an Ether.
EthereumEmpire
Mon Jan 06 2025
This makes it a useful unit for transactions involving very small amounts of Ether.
Martino
Mon Jan 06 2025
Ether is a cryptocurrency that operates on the
Ethereum network.
Tommaso
Mon Jan 06 2025
Wei serves as the smallest unit of measurement for Ether.