Posted On: Jan 17, 2023
Gas refers to the fuel that is used to power transactions and smart contract execution on the Ethereum blockchain. Every operation on the EVM requires a certain amount of gas, and the cost of gas is measured in Ether (ETH). When a transaction is sent, the sender must include a gas limit and a gas price, which determine the maximum amount of gas they are willing to pay for the transaction to be processed.
Never Miss an Articles from us.
In Solidity, a contract is a unit of code that can contain data and functions that can be invoked and interacted with. A contract can be used to represent a real-world entity, such as a token, an agre..