Questions tagged [gas-price]

Questions dealing with the gas price of a transaction.

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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 ...
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22 views

Different between gas and gasLimit keys when executing transactions

Below is the code that I'm running. When I entered "gas" and "gasLimit" as the keys, both worked. Why is that? What does "gas" represent? And what is the optimum amount of gasLimit should I use (...
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25 views

Gas usage difference between Remix and Ganache/public networks

I'm trying to integrate a contract into a front end with MetaMask and getting different gas amounts depending on the network and compile options I use. Remix ("Enable Optimization" checked): 90,410 ...
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19 views

Most precise website to estimate gas price for volatile days

I am trying to understand which website is the best way to estimate the gasprice for volatile days. There are some sites but they do not work out so well on a volatile day like today. I compared and ...
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Effective way to compare to arrays

What is the most cost effective way to compare to arrays eg. uint arrays in solidity. Running a for loop takes too much gas.
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Gas Cost Within a Loop? Infinite With/Without State Variables: Local Var Does Not Dec Cost

I found that state variables should be optimized at: Frequently Asked Questions Note2: Optimizing storage access can pull the gas costs down considerably. I am using a state variable in a loop for ...
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1answer
13 views

How much gas does looking up block.timestamp consume?

Trying to get some insight as to whether or not it's more optimal to call block.timestamp repeatedly for comparisons or to set a (memory) variable to hold the value and use it instead. I've looked at ...
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91 views

Why does gas cost explode with more than 7 variables in a struct

I'm assuming this has to do with Ethereum's 7 variable stack limit but in the following code test struct TestStruct5 { uint8 m_nOther1; uint8 m_nOther2; uint8 m_nOther3; uint8 ...
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1answer
19 views

Does ERC-20 balanceOf function cost no gas?

Given that this is a sample balanceOf function code: function balanceOf(address tokenOwner) public view returns (uint balance) { return balances[tokenOwner]; } and this function is view function,...
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Issue in setting GasPrice when sending raw transaction

I am using web3 and infura node to send my raw transaction but I am having difficulty in setting gasprice. I constructed rawtransaction as follows web3js.eth.getTransactionCount(myAddress, 'pending')...
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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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How to calculate “gas” and “gasPrice” when referring to ethgasstation.info when sending transaction via web3js?

I'm using web3js to issue token which has a name and description. I'm using ropsten testnet. Here's my tx. const tx = { from: walletAddress, to: contractAddress, gas: 4700000, ...
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Calculated Gas Costs of Contract execution

I have a smart contract that maps a string to a string value and stores it on the Blockchain. I want to analyse the Gas Used by Transaction. One time the execution consumes 92,843 Gas (https://rinkeby....
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How to create an ethereum private network with proof of authtority without gas cost or gas price zero?

I want to create a private network but I don't need to use ether or gas, only I want to run smart contracts and the blockchain using ethereum technology. I find this tutorial Private proof of ...
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How do I get the transaction fee used by a transaction in web3py

I am using web3py to do transactions for token and ether. Now I need to keep a track of transaction fee applied for each transcation. How can I get the transaction fee from transaction hash?
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Deploying contract with no cost (gasPrice 0) on private network

In order to achieve a no-coin bootstrapping of my private network I'm trying to deploy a first special contract having zero funds in owner wallet (every wallet of this private network should have zero ...
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538 views

How is it possible to pay 2,100 Ether ($309,267) for a transaction fee?

Here is the transaction details that has transaction fee for 2,100 Ether ($309,267.00) only for sending 0.1 Ether. There is no fairness for users, hence accidentally adding a zero might cause them ...
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1answer
20 views

Costs in gas of changing the value of a variable

Maybe a little bit weird question, but can the amount of gas, when: SSTORE is used(for changing an existing variable), be lesser than 5000 gas? If no, are there discussions in community to reduce ...
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1answer
46 views

How much does the gas prices in the main eth network differ from that in the ropsten test network

I'd like to know, to which degree does the Gas prices from the main eth network are comparable to the ropsten test network.
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168 views

Truffle and Ganache - do I need to set the same gas-price and gas-limit in both of them?

Or can I set different values? If I can set different values, then how will they be used in the system (i.e., what gas-price and gas-limit will apply in every transaction that I execute)? Here is my ...
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29 views

Why I can use a lower gasPrice than the node I set in --gasPrice

I established a private network recently and I use web3.eth.sendTransaction({from:"0x14ca04ff85747def87d6c6c566db84cc24e4643b",to:"0xa04fce8906c870a47a8a7f5f7547dfc4a62cae7a",value:"1000000000",...
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383 views

What's the default web3 gas price? [duplicate]

When sending a TX, there's an optional gasPrice field. If I don't set it, what's it default to? Does it look at other TXs going on or is it a fixed value that only changes when web3 gets updated to a ...
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Why account creation using CALL or SUICIDE costs 25000 gas? [duplicate]

CALL and SUICIDE both have additional cost of 25000 gas if it leads to account creation. At the same time, sending 1 wei in separate transaction costs only 21000 gas. Thereby if I am about to create ...
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1answer
168 views

web3.eth.getGasPrice() always return 1GWei

For estimate transaction cost, I use web3.eth.getGasPrice() function. The return callback value always 1Gwei(1,000,000,000) in ROPSTEN. web3.eth.getGasPrice(function(error, result){ console.log(...
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how to use web3j over infura to find exact gas price used for a successful transaction

my goal is to compute the cost of gas for a successful tx. I get a callback when a transaction succeeds and i retrieve gasUsed with transactionReceipt.getGasUsed(). Now I need to know the exact gas ...
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The cost of using Ethereum as a reference database

As stated in the documentation there are 3 types of storage in the Ethereum VM (EVM) The storage, the memory, and the stack Each account has a data area called storage, which is persistent ...
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Image and file storage in block chain

Is it possible to store a base64 image code as string in block chain? I know we can use IPFS or Swarm as a tool to store an image or a document, but if someone gets to know about the hash anyone can ...
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Ethereum Price - Transaction cost relation [duplicate]

The average transaction cost is around 0.0005ETH which is around 0.06$ right now. Does it mean that the transaction fee decreases whenever the price of Ethereum drops? Isn’t the price closely related ...
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23 views

function gas calculator and function gas padding

not sure if this is possible, but I was wondering if one function can calculate the gas cost of another function? Also can a function run a series of computations to match the gas cost of the ...
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What Web3JS method do I call to know what value to use for the gas price with sendSignedTransaction?

I am using Web3JS 1.0+ to send transactions to my smart contract. I've been using the following constant for the gas price in my code that I got a long time ago from a tutorial. What is the "...
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1answer
70 views

What should be optimal gas limit and gas price for 80 addresses airdrop?

This is my airdrop function: mapping (address => bool) public airdrops; function airdropTokens(address[] _recipient, uint256[] _tokens) public onlyOwner{ uint airdropped; for(uint256 i = 0; i< ...
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1answer
133 views

How to determine the gas price mathematically

The mathematical equation to define the gas price is gasprice = 1 gwei / gasused. The mathematical equation to define the tax to be paid for each transaction is tax = gasprice x gasused. Are these ...
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142 views

How to solve insufficient funds (Ropsten)?

I have tried adjusting the Gas Limit and GWEI and I get this error. I am using infura and Ropsten. Has anyone any ideas about this? Code - var rawTransaction = {"from":myAddress, "...
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262 views

weird transaction sending to self

see some weird txs calling self addresses, for example, the last 2(the first and second tx in this block) transactions, at https://etherscan.io/txs?block=6475251&p=2 https://etherscan.io/tx/...
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357 views

Explanation of Geth's Command Line option: targetgaslimit?

I have been trying to figure out what the targetgaslimit parameter does exactly for Geth, in the context of Private Blockchains. I have seen the following explanation but it never helped me: "Target ...
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1answer
26 views

Why aren't costs “advertised” or at least knowable so funds aren't lost?

I'm admittedly new to all of this, but as I learn about the transaction model, it seems to be a confusing business model at the very least. I can understand that the price of gas fluctuates or can be ...
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132 views

Denial attacks by submitting transactions with strategically calculated gas prices

As can be understood from the title, there is a specific form of denial attack where specific transactions are blocked by submitting transactions with strategically calculated gas prices. Example 1: ...
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1answer
52 views

Do i really need all these arrays and mapping? Gas usage issue

I've written a sample contract below. My question is, do i really need so much mappings and arrays? It's very gas hungry by storing a couple of times basically the same data. Could the same result be ...
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2answers
352 views

How to optimize the gasPrice and gas options in a contract send() function? [duplicate]

There are many questions and answers about estimating the amount of gas consumed. This question is about what to do with this estimate. What values should we actually provide to gas and gasPrice in ...
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1answer
151 views

How to caculate/estimate Gas Limit and Gas Price based on current state of the ether network?

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 ...
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277 views

Remix: how is gas price determined?

When I send a transaction from remix, how does it set the gas price for the transaction (not gas cost / limit)?
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1answer
227 views

How to get the historical Gas (Gwei) Price

I would like to get the historical Gas (Gwei) price in hourly or minutely with safelow, Standard, fast and fastest. I am aware of the etherscan.io which gives avg gas price for a day and also ...
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Does pooling make sense?

It seems that allocating storage elements is 4x as expensive in terms of gas cost than changing them. Does that mean it would make sense to pool structs and arrays, and maybe also strings, rather ...
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Why is my transaction not included into blocks with smaller gas prices in them?

I created a transaction with gas price 1.1 GWEI. It has been pending for 3 hours, and yet - during just the last 75 blocks - several 1 GWEI transactions have been included. In other words, gas price ...
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1answer
39 views

Who is paying for a transaction within a contract?

Let's assume I do a transaction to a contract function with my external account, then I have to pay gas for this transaction. If the function within the contracts makes now a transaction on his own ...
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1answer
243 views

Infura not broadcasting my transactions

I am using Infura with the mainnet and web3py to interact with smart contracts and send transactions. Last week this same code worked fine, but today, trying to send the transaction for the deployment ...
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1answer
89 views

Am I setting my gas price and gas limit correctly?

web3.TransactionManager.DefaultGas = 210000; // Gas limit? web3.TransactionManager.DefaultGasPrice = 10 * 1000000000; // Gas Price? I have intended to set the gas price at 10Gwei.
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97 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") { ...
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969 views

How to calculate gas for contract deployment @_@

Refer to the following: rinkeby: { host: "localhost", port: 8545, from: "my address", network_id: 4, gas: 4800000, gaslimit: 2100000000000 } When I set the gas to 4700000, I received the ...
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593 views

what is difference between “gas” “gas price” and “fee”?

Can we say that gas is the unit of transaction fee ? And gas price is the same transaction fee ? If so, why we do not use ether and wei instead of gas ?