What is gas in crypto?


I'm new to Web3 and blockchain in general, but I quite often hear "gas". What does it mean?

Answers 1

So, basically gas is "a ticket" to sent your token from wallet A to wallet B. Gas is the amount of computational work done by miners (blockchain nodes that process all transactions in the network). It is used in calculating the cost of a transaction. The amount of gas for a transaction depends on its complexity.