Linked Questions

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3answers
66 views

Can blockchain technology can ever be useful if the currency conversion to fiat money is volatile? [closed]

From my limited understanding of blockchain technology in general and ethereum in particular, whatever the token, or ether that this technology uses, eventually it has to be related to fiat money. Eg: ...
1
vote
1answer
99 views

What would be the cost of this transaction to end user?

A simple question on gas spent on a transaction here. I'm experimenting with testnet transaction on a simple contract that stores a value, trying to figure out how much a client would pay. What would ...
0
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1answer
112 views

What is the unit of measurement used in GasPrice and GasLimit?

I did a check, in ethgasstation the current safeLow = 15GWei, which is equal = 15,000,000,000 wei However, when I issue eth.getBlock("latest") what I get was: > eth.getBlock("latest") { ...
1
vote
1answer
87 views

How to do performance evaluation?

How to do the performance evaluation in terms of secs or minutes? what is the command to use in solidity?
0
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2answers
52 views

What is the function of Ether in operating an application on the Ethereum blockchain? [duplicate]

What is the relationship between the price of Ether and the usage of the Ethereuem blockchain? Or is a Ether coin simply a means of holding a piece of the value of the Ethereum blockchain (like a ...
2
votes
1answer
31 views

Should I pre-buy gas to effect ethereum transaction?

I am new to ethereum. I have a few questions. Should I pre-buy gas to effect ethereum transactions? Or can I just set what is the gas price I am willing to pay so that at the time of transaction the ...
1
vote
1answer
47 views

Transaction fees in ethereum [duplicate]

I have created an ERC20 token, but whenever I want to trnasfer it, transaction fees is deducted in ethers. But I donot want to but ethers. Cant the fee be deducted in terms of my custom token? Thanks
0
votes
1answer
48 views

What is the meaning of “Gas Used” on ethgasstation.info?

It's rather confusing cos when I googled "gas used" I don't get any exact result, NOT even from ethgasstation.info and most people are talking about transaction price, gas limit, etc. So, does "gas ...
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1answer
37 views

How do i know how much eth the receiver will get?

I bought some ethereum a long time ago and I'm trying to buy something with it now. I want to make sure the address I'm sending it to gets a specific amount (say 2.00 ETH). When I enter the "amount to ...
0
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2answers
37 views

Why is a failed transaction included in the blockchain as a “failed transaction”

According to this highest upvoted answer, "but still include it in the blockchain as a "failed transaction"... What is meant by the term "gas"?
0
votes
1answer
44 views

Execution gas cost

I use web3 and truffle to get info about my testnet transactions. There are few fields about gas used per transaction, such as: gasPrice, gas, gasUsed. But how to get field 'execution cost'?
0
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2answers
31 views

Does price of smart contract execution raise with price of ethereum

I can't determine properly whether higher price of ETH means smart contracts will also cost higher(in fiat not eth) and is it reciprocal, like if we have a SC deployed and eth price raises 10x, will ...
0
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2answers
21 views

If Ethereum gas charges based on the individual CPU instructions

I'm trying to understand exactly how gas works. Wondering if it charges based on actual individual CPU instructions (like Assembly-level x86 instruction set architecture level of detail), or if it ...
1
vote
0answers
24 views

Does only one miner collect my transaction fee? [duplicate]

I just ran in to the concept of gas and found this community. This question and answer were particularly helpful, but they leave one thing unanswered for me: If I send out a transaction with a given ...

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