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Gas Limit

Intermediate

Gas limit is crucial for controlling resource use on blockchains like Ethereum. Each operation like transferring tokens, interacting with smart contracts, or deploying dApps requires a certain amount of gas. Users specify how much gas they’re willing to allocate, which directly impacts whether the transaction completes or fails. Underestimating the gas limit can lead to failed transactions, while overestimating can lock up more funds than necessary. It's especially important for developers deploying smart contracts or conducting multiple on-chain operations. Platforms like MetaMask often suggest gas limits, but users can adjust them manually. With Ethereum's move to a more scalable infrastructure, including Layer 2 solutions, gas usage and efficiency are continually being optimised. Understanding and setting the correct gas limit is essential for ensuring successful blockchain interactions.

Related Words

GPU Mining

Intermediate

GPU mining uses graphics processing units to validate transactions and secure the network. More efficient than CPU mining, it was popular for mining Ethereum before its shift to Proof of Stake.

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