48 results for ' gas '

Crypto News: Ethereum Co-Founder Vitalik Buterin Proposes Gas Cap To Enhance Ethereum Network Sec...

CMC Crypto News

Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter have introduced EIP-7983 to implement a protocol-level cap on transaction gas usage.

Ethereum Gas Fees Drop 95% in One Year, but ETH Price Falls 53% Since Dencun Upgrade

Ethereum’s gas fees have dropped by 95% in the year following the Dencun upgrade, significantly reducing transaction costs.

BNB Chain Implements Major Update as Gas Fees Surge 400% Due to Meme Coin Activity

BNB Chain has rolled out a significant upgrade to its BNB Smart Chain (BSC) network, responding to the surge in gas fees caused by increased meme coin activity.

Ethereum's Gas Fee Plunges to Under 1 Gwei, Analysts Suggest Bottom is Near

Ethereum (ETH), the second-largest cryptocurrency by market cap, is witnessing a significant drop in gas fees amidst lackluster user activity, reaching their lowest levels in years.

1yr ago

Justin Sun Announces Gas-Free Stablecoin Solution for Tron and Ethereum

Tron founder Justin Sun has announced his team's development of a gas-free stablecoin solution.

Circle Expands Web3 Services to Solana Blockchain, Introducing Programmable Wallets and Gas Stations

Circle, the digital asset firm and issuer of USDC, is extending its Web3 services to the Solana blockchain, introducing features such as programmable wallets and gas stations.

Vitalik Buterin Proposes New Gas Model for Ethereum Transaction Call Data

Vitalik Buterin, the co-founder of Ethereum, has introduced a new Ethereum Improvement Protocol (EIP-7706) that focuses on a revised gas model for transaction call data.

Santiment: Ethereum Gas Fees Hit a Six-Month Low, Could Signal an Altcoin Rally

Gas fees on the Ethereum network have dropped to their lowest levels in six months, despite a slight rally in the price of ETH over the weekend.

Yuga Labs Faces Backlash After Free Otherside Giveaway Mint Incurs High Gas Fees

Yuga Labs, the company behind popular NFT collections like Bored Ape Yacht Club and CryptoPunks, stumbled this week in their attempt to appease fans with a new NFT drop.

Polygon Gas Fees Spike as Users Rush To Mint BRC20-inspired POL Token

Gas fees on Ethereum's layer-2 Polygon network (MATIC) witnessed a significant surge, skyrocketing by over 1,000% and peaking at $0.10.

Ethereum Gas Fees Plummets to Yearly Lows Amid Decrease in Activity

According to Etherscan data, Ethereum (ETH) gas fees have dropped to their lowest level since October 2022.

Argentinian Oil Firm Will Start Using Leftover Gas Emissions To Mine Crypto

Buenos Aires-based oil company Tecpetrol has unveiled plans to convert surplus natural gas into electricity to power cryptocurrency mining.

Visa Introduces New Way To Pay For Ethereum Gas Fees Directly Using Visa Cards

Visa has finished testing a system to make it easier to pay transaction fees, or "gas fees," on the Ethereum blockchain.

3yr ago

Week in DeFi: ETH Gas Spikes, Curve Deploys CrvUSD and Aztec is Back

Ethereum gas prices spikes to highest since May 2022, while Sushi deploys concentrated liquidity pools — check out these news and more in the weekly DeFi roundup you don't want to miss.

Coinbase Drops iOS NFTs As Apple Extends 30% Cut to Gas Fees

The top U.S. crypto exchange turned off Coinbase Wallet's ability to handle NFTs after the App Store demanded 30% of the transaction fees for sending the tokens from one address to another.

3yr ago

Moderate

Crypto Basics

Bitcoin and Energy: How the Shale Oil Boom and Flare Gas Could Transform Bitcoin Mining

What if we used the energy from flared gas to produce electricity?

How to Use Layer-2 Rollups to Avoid Gas Fees

Are layer 2 solutions already out there? Our guide tells you which L2s can help you save on gas when trading.

Sick Of High Ethereum Gas Fees? Do This Instead

With average gas fees on Ethereum costing around $46, you can reduce fees by transacting on layer-2s, or use competing low-fee blockchains like Solana, Terra and Avalanche.

By Daniel Phillips

4yr ago

Glossaries (7)

Gas

A term used on the Ethereum platform that refers to a unit of measuring the computational effort of conduct...

Gas Limit

A term used on the Ethereum platform that refers to the maximum amount of gas the user is willing to spend ...

Gas Price

A term used on the Ethereum platform that refers to the price you are willing to pay for a transaction.

Gas Station Networks (GSN)

Gas Station Networks (GSN) allows you to build decentralized applications (dApps) which provide payment for...

Gwei

The denomination used in defining the cost of gas in transactions involving Ether.

Hyperinflation

Hyperinflation is defined as unrestricted growth in prices for goods and services in an economy. It happens...

Time-Weighted Automated Market Maker (TWAMM)

Time-Weighted Automated Market Maker (TWAMM) aims to help traders execute large orders with minimal slippag...