What is gas and Gwei in ETH - For Beginners - CryptoTalk.Org Jump to content
Mamba79

What is gas and Gwei in ETH

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I've heard about these 2 things for a while, and I'm really interested, but I didn't find anything a good explanation about
What is it? what it is for and how to use it.
Thank you very much for your comments

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The gaz and the gwen is the fees that you pay when you want to send an token based on the ethereum blockchain you should have some ethereum satoshi in your Wallet to pay the fees but now with the price of bitcoin every transaction you do you will pay more 30 dollars just to send token with 10 or l20 dollars, they really need to fix this problem with the ethereum 2

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It is the fee that you have to pay when making a transfer using Etherium currency and I believe that you must have a good amount of money in your wallet before doing such a procedure, and you should also pay attention to the fees during the transfer if they are high or low

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Dear friend ETH currency and it is very valuable digital like bitcoin it is less valuable than bitcoin but still very valuable in the  list of the crypto currencies and the second thing gas I do not  have information about it and please senior member  tell me what is this is it also cryptocurrency or not.

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Gwei is the unit of ether 1eth = 1,000,000,000.00 qwei when you are establishing a qwei in the transaction means that you are establishing the amount of commission that you are going to pay for a unit of gas this money then goes directly to the miners who are responsible for approve the transactions I hope my dear friend that my little investigation is useful to you.

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Gwei is the unit of ether which you achieve by paying the fee of a unit of gas,yiubshiuld have a good and large amiunt of balance before making the transaction.

 Gwei is said to be an ether unit and it use inthe transaction of unit of gas,,in other to get involve in it you had to have a good balance.

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