When using the Ethereum blockchain to complete transactions, you’re required to pay for “gas.” On the Ethereum network, gas represents the computational effort used to complete the transaction. Using the network for apps or transactions, even if it’s converting another coin to ether, means you need to pay for gas. Depending on the transaction and traffic on the blockchain, gas fees can feel quite high in some cases. Q: What is the name for Ethereum fees? A: Gas Knowledge provider：0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link：https://www.investopedia.com/terms/g/gwei-ethereum.asp#:~:text=Gas%20is%20the%20term%20used,transactions%20on%20the%20Ethereum%20blockchain.

In her 2020 book?The Infinite Machine, Russo said that Buterin looked to science fiction terms for inspiration when he wrote the ethereum white paper in 2013. Buterin was scrolling through Wikipedia when he came across the word "ether," and remembered this term from a science book he had read as a child. Ether is the now disproved concept that there's a subtle material that fills space and carries all light waves. In the 19th century, scientists assumed ether was weightless, transparent, frictionless, undetectable chemically or physically, and permeated all matter and space, according to Britannica. "Vitalik wanted his platform to be the underlying and imperceptible medium for every application, just what medieval scientists thought ether was," Russo said. "Plus, it sounded nice." He landed on the word "ethereum," to describe the decentralized protocol. Q: How ethereum got its name A: Browsing a list of elements from science fiction on Wikipedia Knowledge provider：0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge…