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상식&뉴스

Ethereum2.0 and meaning of Gas

by 밈코인공부방 2021. 1. 16.
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If you look at Ethereum, you'll find the word gas.
We can infer that the word gas is a word that we commonly know, but it's a different meaning in Ethereum.
In the game, gas is used as a kind of material to make something, and does it mean that in Ethereum?
I looked it up because I was curious.
Before we look at the meaning of gas, let's first summarize the terms used in the Etherium coin.
In the Etherium coin, Ethereum refers to a blockchain network.
And the default currency used in the Etherum economy is called Ether.
The ether is typically used to pay a transaction fee called gas.

All transactions and smart contract execution at Etherium must pay a fee.
The meaning of gas comes from here, and this fee is called gas.

 


Technically speaking, gas is a unit that measures the amount of computational effort required to execute all transactions and smart contracts.
Naturally, the more complex the execution is, the more effort is required to perform the task, so more gas is needed.
As I mentioned earlier, gas charges are paid entirely using eider.
The price of these gases, like other goods, will fluctuate frequently depending on demand.
If the lack of computable resources on the network causes difficulties in trading or smart contracts in Etherium, the price of gas will naturally rise.
In the opposite case, of course, the price will fall.
If you listen to the recent news of the Etherium, you can hear the term Etherium 2.0.
Ethereum 2.0 is a version that aims to upgrade in security, scalability, and decentralization.
Typically, smart contract platforms are designed to be highly scalable, but this is not enough for decentralization.

 


And highly secure and distributed blockchain networks have challenges that are difficult to scale.In this security, scalability, and decentralization, Etherium 2.0 aims for the most ideal solution, using force, noncontainer, sharding, and execution environments.
Because of the complexity of the project, the development of the project takes place in three stages.
In addition, Bitcoin was created by a person or group with the nickname Satoshi Nakamoto, but it is not known exactly who it is.
On the other hand, the founding members of Etherium were revealed and the founding members later participated in other coin projects.
Charles Hoskinson, for example, is in Cardano, Gavin Wood is in Polkadat, so there seems to be a lot of news associated with Etherium-related news.
In places like cafes, it seems to be expressed in the Etherium series, but I will post it when I get to know it in detail.

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