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What Is the Difference between ‘Gas Limit’ and ‘Gas Price’ in Ethereum?

Gas Limit is the max computational effort; Gas Price is the cost per unit of effort. Total Fee = Limit x Price.
Greeks.Live18.11.25

What Is the Difference between ‘Gas Limit’ and ‘Gas Price’ in Ethereum?

Gas Limit is the maximum amount of Gas (computational effort) a user is willing to spend on a transaction; it prevents infinite loops. Gas Price is the amount of Ether a user is willing to pay per unit of Gas.

The total transaction fee is calculated as Gas Limit multiplied by Gas Price.

What Is the Difference between Gas and Ether on the Ethereum Network?
What Is the Concept of “Gas Limit” and How Does It Differ from Gas Price?
What Is the Difference between Gas Limit and Gas Price?
How Is the Gas Fee Calculated on a Turing-Complete Blockchain like Ethereum?

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