What is Ethereum Gas? (Examples + Easy Explanation)
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- Опубликовано: 27 окт 2024
- If you're searching for what Ethereum Gas is, this video explains it with analogies, examples, and stories. Essentially, Ethereum Gas is the fuel that powers the Ethereum supercomputer network by offering small fees to miners who perform the computational actions.
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Watched many videos regarding crypto, they all had been very difficult to understand as a beginner, but you are the only one who taught it clearly in simple terms and is easy to understand.
Being in Crypto for months and yet this videos was so full of new knowledge for me, thanks. You earn a new Subscriber.
My 4th video watched in your channel and I've just subbed. Excellent content and the great explanations really help. Now I'll watch Crypto videos with greater understanding.
Thank you! One my follower sent me this video. I got a bit knowledge of the ETH😁
You guys are overestimating my grandpa
You should make a video explaining how to use gas and the new tipping structures to move yourself ahead in the line when placing trades.
Thank u guys so much! ive learned a lot from your videos, they really teach u want u came searching for, unlike a lot of other channels. in the case of this specific video i got my answer in the first 30sec!
keep up the good work
Hands down the best explanation of eth gas EVER!!!
This video has motivated me to educate myself further about cryptocurrency.
Thank you…your doing a great work for the people who want to learn about this space Godbless
Thank you that was so easy to understand.
Hey good work on all the videos. Really helps me understand crypto at a deeper level.
And u do sound abit like Matt par. Lol are u Matt?
Guys this is great stuff, really surprised that its not getting more views. Keep making these and the viewers will come !! Thanks for your efforts :)
wrg
Does he actually draw ✍️ or he uses a program 🤔
finnaly i understand what GAS,GWEI, and why all that things exist, thank you so much :)
Thank you so much for explaining all of these concepts in such a simple manner and with examples. Really appreciate your work ♥️💐👍🏻
Thanks for explaining this. New to all of this, want to get a better understanding before I post my first NFT (hopefully soon). Gonna have to watch this a few more times so I can easily calculate the gas prices & such. Thanks Again.🙂
Eth gas fees are broken. The miners monitor the transaction types and charge more or less depending on the address. For example an OpenSea transaction is $6 while a Compound transaction is $105, they're basically just taxing people they assume can afford it. Thats like charging different prices for a can of Coke depending on who is buying it. You can play around with these numbers a bit but even rich people have their limits. A billionaire is unlikely to buy a coke for $100 even though he can afford it. People do not like being taken advantage of.
amazing video, great way to explain this!
Thank you so much for your great videos!!!
There is a lot of us that is easier to learn with examples and easy explanations. Pls. keep doing this great work!!!🙏🙏🙏
Such an amazing video. Thank you!
Very educative and easy to comprehend. Thank you for the effort.
Please do a video on the Gas free Kadena. It sounds like there is nothing it can't do, and it is faster than anything else.
Incredible content thank you! ❤
These videos are fantastic and I’ve been consuming them like wildfire
Really informative
Crypto for dummies 👍
Thanks for making things so understandable
Thanks very much! I enjoy seeing your very informative videos ...
Nice video I have one question
Gas fees are important when u receiving Ethereum ?
Video is a great one👍
amazing explanation
Thanks! This is one of our underperforming videos, so we are glad you found some use from it :)
Yea. This is a very good explaination.
Id like to suggest a coin to explain eventually
Really creative RUclips Thumbnails & great content. 👌
thanks a lot
Wow! This is great. Thank you!🤭😩
One of the best explanations I ever found. Thanks !!!
Congrats for the great job, man, i am watching them all! Very detailed and easy to understand.
I'm really surprised you get this many views, the content provided by you guys is awesome, thanks!
Thanks for the effort
It would be really useful if you could include references in your descriptions. Otherwise, I love your videos!
A video on EIP 1559 would be great!! (Sorry if it’s out and I have not yet come across)
Thanks bro.
Thank you for all the knowledge dude
Amazing Video
Great video.
Thank you.
Quick note to self:
gas: unit of operations (always stays the same but amount of GWEI per gas changes)
GWEI: 10E-9 eth
ETH Transaction Fee : gas * gwei per gas * 10E9
tnx for your videos. please check the cc option. its unavailable and Some people need it including myself
Thank you ❤
My grandpa smashed the like button.
Hi... I'm learning from the future😅...but I'd like to know if the EIP was eventually implemented?
Extreme cool material! Mamy thanks!
Thank you so much for this!
Thanks
thank you!
Good one
great content.....
i love you and your content. thank you so much!!
That's why i always make coffe my self :)
I subscribed to a site that helped organize and manage my phones. When it was all said and done, some financially important things were gone , and for some only copies remained. What should I do?
Great channel! 🙏👍
Thank a lot i have learn a lot from about this technology, keep with the good work educating people about this new technology . Is not about if price goes up or down with some youtubers do. sort of casino.
killed it again on another great video
Thanks for awesome videos. I am going through all from chronological order. oldest one first. Does it cost 400 gas to read a wallet balance? I thought reading on blockchain is free. only writing cost gas. also how about computing on blockchain before writing? does computing cost gas? also please tell me what software do you use to create the videos. and the voice is original or computer? Does the voice recordings need retakes? May be you can do a video on how do you create videos. :-) Awesome work. keep it up.
Great video!
thanks legend.
THNKS BRO
I loved the vid, but what makes the price fluctuate
You motivated me to create my own token. Big stuff is coming. Keep making this educational content. In order to move society forward we need education!
In 3:03 you say there are 1 quintillion weis in 1 Ethereum. Should it maybe be in 1 Ether? Newbie here and learning, hence my question!
Brilliant videos - going through all of them now!
Exactly my question
Have you found an answer?
I will weigh in here, and i'm no certified expert or anything, but yes, he should have said Ether
Wow...great stuff.
Thank you for your video.
I have 2 question for you about it :
1. If they will cancel the transaction fee the miners will not get anything and therefore no one will mine (dosen't make sense for me).
2. I know the transaction fees for ETH are still extremely expensive, it means the EIP 1599 didn't go live?
I love you guys i am a UX designer looking forward to web 3.0
Watched a lot of videos in a week, and the content is super nice! A lot of stuff learned. One thing that I dont like is that the speed of speech and the voice frequency is kinda too much and annoying. Try to lower the voice and talk slower. ✌
Awesome
You rock
Does solana charge GAS? When they become available for NFT? Or bitcoins ?
u are the best
it makes a sense if there is always potion to opt out from high gas fees, even if everyone want wait and pay less....
This Has to be an episode from Rick and Morty
Straight over my head.
ETHEREUM makes my head hurt (even though I’m mining it)!
You should have more views!
ETH merge video?
you are fucking amazing bro keep going and thanks!
Hi just want to take a minute to subscribe, like and comment to show my appreciation for creating these videos. I have learnt tons from you. THANK YOU.
I would love these in google podcast to listen easily in my playlist
Thanks :)
too good
This video is all the reason I need to use Avalanche.
I subbed
My head just 🤯
the gas fees that we pay goes to the account of miners who validate the transaction?
420 at 4:20 .... niceee
so are the fees for buying crypto on exchanges like binance, gemini considered gas fees?
I'm watching this on Dec 2021. Is the transaction fee gone now or no?
Thank you! so simple explained and that i feel like a eth specialist
there is one thing I don't understand yet - do all ethereum miners check from all code if the supposed outcome is correct? And is every single outcome of smart contract recorded on the blockchain?
But cost of gas of a transaction isnt always 21000 gas, right? I minted an nft that used 175343 gas, how is this possible?
If transactions fees are not going to the miner, what would be the reason to mine?
Is there a way to calculate how much it will cost me to implement a certain function in a smart contract?