What Are Gas Limit and Gas Price for Ethereum Transactions?

what are gas limit and gas price

What are Gas Limit and Gas Price for ETH Transactions?

Transactions on the Blockchain are energy-consuming, and this explains the reason why Blockchain mining companies prefer low energy cost destinations.  As a result of the gas requirements for each transaction on the Blockchain, it is important for stakeholders to know the attendant gas limit and price.

Let’s delve into what gas limit and gas prices for ETH transactions are without any further ado.

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Bitcoin Price Predictions From the World’s Leading Speculators

bitcoin price predictions

Bitcoin is the single grandest financial experiment of the 21st century. A decentralized, global digital currency backed by cryptography; created and owned by the people, for the people, giving access to a global financial market to millions of unbanked people around the globe. Bitcoin price predictions are pretty interesting too!

“What percentage of your wealth should be tied up in bitcoin? A percentage that is equivalent to your understanding of how the technology works and your ability to absorb the risks it entails, which for most people is a small percentage”- A. Antonopoulos

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Faceter ICO Review- Intelligent Video Surveillance

faceter ico review

 

Faceter ICO Review – An Overview

Faceter is a system which makes video surveillance smart, by giving eyes to cameras — computer vision, facial recognition, object detection and video content analysis, in real time. Most video surveillance systems are of little use, and therefore inherently inefficient since it is only possible to record data via videos and store video archives. They are therefore backward-looking and dumb in that they cannot, and are completely unable to react to a situation when it is actually happening in real time.

Faceter is the first decentralized surveillance system for consumers. Faceter makes video surveillance smart, giving brains to cameras, through enhanced face detection, object detection, and real-time video analysis. These features allow cameras to understand the situation and respond to it, offering much better security to all the customers.

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The Evolution of Cryptocurrency: Highs and Lows

evolution of cryptocurrency

Over the last several months, the cryptocurrency industry has advanced at an unprecedented rate, gaining mass acceptance among the financial experts.

For instance, Jamie Dimon regrets calling Bitcoin a fraud currency as the crypto economy approached a $1 trillion in terms of market capitalization.

However, in the last few days, the aftermarket has dropped by almost 60%, many newcomers are wondering if Bitcoin is on its last stand and a bubble burst is imminent. This couldn’t be further from the truth as Bitcoin is an extremely volatile currency and from a historical standpoint, moves like these are expected in the market.

Want a free piece of advice?

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Bitcoin Transaction Accelerators: No More Bitcoins Stuck in Traffic

bitcoin transaction accelerators

Imagine what it would be like if you’ve just sent some Bitcoins and the network is yet to confirm your transaction. And then, you realize that you’ve been patiently waiting for two whole hours and the Bitcoin appears to be stuck in an imaginary tunnel.

Your contact on the other end is beginning to question the veracity of your claim. You’ve sent them the transaction hash, but all this block and chain stuff are beginning to come off as some high sounding chicanery – after all, just how old is this technology anyway? Who is to say some enterprising upstart somewhere hasn’t found a way to “tickle” the system and this transaction right here was ground zero!

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Bitcoin Investing: Is It Too Late to Invest?

invest in bitcoin

What’s happening in the world of cryptocurrency is nothing short of a revolution. The potential of Bitcoin investing is still not fully understood by even the most active players in the market. Its capitalization as of today is valued at $220 billion (subject to change), and the daily trading volume is $4 billion (approximated).

Since the birth of cryptocurrency, there have been many questions like “Is it too late to invest in Bitcoin?” or “Can I make money buying it today?”.

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Not All Heroes Wear Capes. Some Eat Pineapples!

pineapple fund - bitcoin charity donations

More often than not you will see major news sites covering Bitcoin as some form of criminal Arcadia. They are quick to point a finger at things like Silk Road, Bitcoin being used for money laundering and terrorist financing, drug dealings and what not.

And sure, they would be right to do so, if that was all that Bitcoin is good for.

Five days ago a post titled “I am donating 5057 BTC to charitable causes! Introducing The Pineapple Fund” popped up on the Bitcoin subreddit, and instantly caught on fire with more 2875 comments and 19k+ karma in five days!

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The Complete Guide on How to Accept Cryptocurrency Donations for Charities and Individuals

Have you ever thought why a charity or a nonprofit organization would want to use cryptocurrency in the first place? If you are a member of either one of those, you would already know how hard it is to find new and creative ways to fund your mission. It is a grueling process. Various charities have distinctive forms of fundraising depending on their mission, the region they are operating in and other circumstances.

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