Gas War
Riccardo Dondi
A Gas War in cryptocurrency is when users compete by offering higher gas fees to get their transactions processed first, often during high-demand events.
2024
Gas Limit
Gas Limit is the maximum computational work a user is willing to expend on a blockchain transaction, crucial for efficiency, cost management, and network stability.
Gas Fees
Gas fees in cryptocurrency are vital for network security, resource allocation, and miner compensation, calculated based on gas limit and gas price.
Gas
Gas is a crucial element in Ethereum, measuring computational effort for transactions and smart contracts, ensuring efficient resource allocation and network security.
Fungible Token
A fungible token is a digital asset that is interchangeable with another of the same type and value, crucial for transactions in blockchain technology.
Full Node
A full node validates transactions and blocks, ensuring security, decentralization, and data integrity in blockchain networks like Bitcoin and Ethereum.
FUD
FUD in cryptocurrency stands for Fear, Uncertainty, and Doubt, often used to manipulate market sentiment and influence investor behavior.
Front Running
Front running in cryptocurrency involves trading on non-public information, giving unfair advantages and undermining market integrity and investor confidence.
Frens
"Frens" in cryptocurrency refers to friends or like-minded individuals who share an interest in digital assets, fostering community, knowledge sharing, and trust.
Fractionalization
Fractionalization in cryptocurrency is the process of dividing a single asset into smaller units, making high-value digital assets more accessible to individual investors.