gas limit
Phonetic: /ɡæs ˈlɪmɪt/
Part of Speech: noun
Category: To be determined
The gas limit is the maximum amount you’re willing to pay for any given transaction to go through the Ethereum network. Another way of looking at it is as a “rough estimate” of how much computing power your transaction will take.
Definition source: Education DAO - mapachurro
Sample sentence
N/A
Additional definitions
Maximum price a cryptocurrency user is willing to pay as a fee when sending a transaction, or performing a smart contract function.
Extended definition
No extended definition. ...yet
This word came from... the ether
Date first recorded: 2025-01-31
Commentary
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