Ethgasstation and similar websites estimate proper Gas Price based on current state of Ethereum network. Is there any way of using working with Geth/web3 to estimate proper Gas Price? and similar to this, how about estimate Gas Limit?
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1 Answer
You can use getBlock on the latest block in Web3 to get back the gas limit of that block:
https://web3js.readthedocs.io/en/1.0/web3-eth.html#getblock
gasLimit-Number: The maximum gas allowed in this block.
You are probably pretty safe to use that gas limit on the next transaction you want to create.
Web3 also has a gas price oracle as documented here:
https://web3js.readthedocs.io/en/1.0/web3-eth.html#getgasprice
Returns the current gas price oracle. The gas price is determined by the last few blocks median gas price.
answered Sep 8, 2018 at 7:58
