Etherscan api

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etherscan api

Gas is essential to the Ethereum network. It is the fuel that allows it to operate, in the same way that a car needs gasoline to run. Prerequisites To better etherscan api this page, we recommend you first read up on transactions and the EVM.

What is Gas? Gas refers to the unit that measures the amount of computational effort required to execute specific operations on the Ethereum network. Since each Ethereum transaction requires computational resources to execute, each transaction requires a fee.

etherscan api

Gas refers etherscan api the fee required to successfully conduct a transaction on Ethereum. For example, instead of saying that your gas costs 0.

This video offers a concise overview of gas and why it exists: Why do gas fees exist?

etherscan api

In short, gas fees help keep the Ethereum network secure. By requiring a fee for every computation executed on the network, we prevent actors from spamming the network. In order to prevent accidental or hostile infinite loops or other computational wastage in code, each transaction is required to set a limit to how many computational steps of code execution it can use.

etherscan api

The fundamental unit of computation is "gas". Although a transaction includes a limit, any gas etherscan api used in a transaction is returned to the user.

etherscan api