The maximum amount of gas you're willing to spend on a transaction.
The maximum amount of gas you're willing to spend on a transaction. If the transaction uses less gas than the limit, you get the difference back. If it needs more, the transaction fails and you still pay for the gas used up to that point. Setting gas limit too low causes failed transactions.
The fee paid to process transactions on Ethereum and similar blockchains.
Writing smart contracts that use as little computational resources as possible to save users money on transaction fees.
A transfer of value or data recorded on a blockchain.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The Ethereum standard for account abstraction without changing the core protocol.
Get daily crypto analysis delivered to your inbox. No spam, unsubscribe anytime.