Skip to main content
Learn

What Is the Concept of ‘Gas’ in a Blockchain Network?

A unit of computational effort on the EVM. Prevents resource abuse and infinite loops. Cost is paid by the user.
Greeks.Live04.11.25

What Is the Concept of ‘Gas’ in a Blockchain Network?

Gas is a unit of measurement representing the computational effort required to execute specific operations on the Ethereum Virtual Machine (EVM). Every operation, from a simple transfer to a complex smart contract execution, costs a certain amount of Gas.

It acts as a mechanism to prevent infinite loops and resource abuse on the network. Users must pay for the total Gas consumed, ensuring network resources are compensated.

What Is the Concept of “Gas” in Ethereum?
How Does the Concept of “Gas” Fees Contribute to Network Security?
Explain the Concept of a ‘Fork’ in a Blockchain Network
What Is a ‘Gas Fee’ in Blockchain Transactions?

About

Contact

Editorial Policy

Terms of Service

Privacy Policy

Cookie Policy

© 2025 Greeks.Live

All Rights Reserved

Greeks.Live RFQ

Build by Noo on Engine

Source: The content on this website is produced by Greeks.live's proprietary analysis systems, which utilize advanced Large Language Models (LLMs). This information might not be subject to a full human review before publication and may contain errors.
Responsibility: You should not make any financial decisions based solely on the content presented here. We strongly urge you to conduct your own rigorous due diligence and to consult a qualified, independent financial advisor.
Purpose: All information is intended for informational purposes only. It should not be construed as financial, investment, trading, or any other form of professional advice. News and data are not trading signals.
Risk: The cryptocurrency, derivatives, and options markets are highly volatile and carry significant risk. By using this site, you acknowledge these risks and agree that Greeks.live and its affiliates are not responsible for any financial losses you may incur.