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Question 98 - CBSA discussion

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Gas has multiple associated terms with it: Gas Prices, Gas Cost, Gas Limit, and Gas Fees. The principle behind Gas is to have a stable value for how much a transaction or computation costs on the Ethereum network.

Which is considered to be the static value for how much a computation costs in terms of Gas?

A.
Price
Answers
A.
Price
B.
Fee
Answers
B.
Fee
C.
Cost
Answers
C.
Cost
D.
Limit
Answers
D.
Limit
Suggested answer: C

Explanation:

Gas Cost is a static value for how much a computation costs in terms of Gas, and the intent is that the real value of the Gas never changes, so this cost should always stay stable over time Reference: http://ethdocs.org/en/latest/ether.html

asked 16/09/2024
Mohammad Wahid
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