What Is the Difference between a ‘Gas Limit’ and ‘Gas Price’ in Ethereum?
The gas limit is the maximum amount of computational effort (gas) a user is willing to spend on a transaction. The gas price (or 'Max Fee' post-EIP-1559) is the amount of cryptocurrency a user pays per unit of gas.
Total transaction cost is calculated by multiplying the gas used by the gas price. A higher limit allows for more complex operations.
