-
Bitcoin $94,793.8878
-1.51% - Ethereum
$1,816.1827
-1.41% - Tether USDt
$1.0001
-0.01% - XRP
$2.1601
-1.56% - BNB
$586.1899
-2.23% - Solana
$145.7103
-1.31% - USDC
$1.0000
0.01% - Dogecoin
$0.1706
-3.41% - Cardano
$0.6787
-4.03% - TRON
$0.2464
0.26% - Sui
$3.2584
-2.63% - Chainlink
$13.9414
-2.49% - UNUS SED LEO
$9.0765
1.46% - Avalanche
$19.9869
-3.35% - Stellar
$0.2660
-2.16% - Toncoin
$3.0263
-2.31% - Shiba Inu
$0.0...01267
-2.95% - Hedera
$0.1766
-2.57% - Bitcoin Cash
$356.1488
-2.17% - Hyperliquid
$20.0631
-5.96% - Litecoin
$85.2555
-1.95% - Polkadot
$3.9273
-2.90% - Dai
$0.9999
0.00% - Monero
$276.3259
0.25% - Bitget Token
$4.3281
-1.26% - Ethena USDe
$1.0005
-0.01% - Pi
$0.5888
0.61% - Pepe
$0.0...08075
-2.16% - Aptos
$5.1140
-2.08% - Uniswap
$5.0418
-1.87%
What is Ethereum's Gas Limit?
Ethereum's gas limit, set by users at transaction creation, ensures network stability by limiting malicious actors' ability to execute spam-causing smart contract actions.
Feb 18, 2025 at 07:12 am
Key Points:
- Ethereum's gas limit is a mechanism to prevent malicious actors from using smart contracts to spam the network.
- A gas limit is the maximum amount of gas that a user is willing to spend on a transaction.
- The gas limit is set by the user at the time of transaction creation.
- Miners will typically only execute transactions that have a gas limit that is sufficient to cover the execution cost of the contract.
- The gas limit can be used to prevent smart contract loops and other malicious activity.
What is Ethereum's Gas Limit?
Ethereum's gas limit is a mechanism to prevent malicious actors from using smart contracts to spam the network. A gas limit is the maximum amount of gas that a user is willing to spend on a transaction. The gas limit is set by the user at the time of transaction creation.
Miners will typically only execute transactions that have a gas limit that is sufficient to cover the execution cost of the contract. If a transaction's gas limit is not sufficient, it will be rejected by the network.
The gas limit can be used to prevent smart contract loops and other malicious activity. A smart contract loop is a situation in which a smart contract calls itself repeatedly, resulting in an infinite loop that can clog up the network. By setting a gas limit, users can prevent their smart contracts from falling into loops.
How to Set the Gas Limit
When creating a transaction, the user must specify the gas limit. The gas limit can be set manually or automatically.
- To set the gas limit manually, the user must estimate the amount of gas that will be required to execute the contract. This estimate can be difficult to make, as it depends on the complexity of the contract and the number of other transactions that are being processed on the network.
- To set the gas limit automatically, the user can use a gas limit calculator. A gas limit calculator will estimate the gas limit that is required for a given contract.
What Happens if the Gas Limit is Set Too High?
If the gas limit is set too high, the user will pay more than they need to for the transaction. The excess gas will be refunded to the user.
What Happens if the Gas Limit is Set Too Low?
If the gas limit is set too low, the transaction will not be executed. The user will lose the gas that was spent on the transaction.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Kirkland Lake volunteer firefighter Shawn Wong rescues woman from burning apartment
- 2025-05-05 07:20:14
- Rexas Finance (RXS): The Tokenizing Disruption of Asset Ownership
- 2025-05-05 07:20:14
- Ten US Senators Come Out Swinging Against Revised GENIUS Act, Saying It Might Do More Harm Than Good
- 2025-05-05 07:15:12
- Revised GENIUS Act Stumbles on Opposition From 10 US Senators
- 2025-05-05 07:15:12
- Ethereum (ETH) Consolidates as Vitalik Shares Fresh Proposal
- 2025-05-05 07:10:13
- Kristen Welker Confronted Trump About Whether He's Profiting From the $TRUMP Meme Coin
- 2025-05-05 07:10:13
Related knowledge
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
Does BSV transaction require real-name authentication? Is anonymous trading feasible?
May 03,2025 at 03:14pm
The question of whether BSV (Bitcoin SV) transactions require real-name authentication and whether anonymous trading is feasible is a complex one, deeply intertwined with the broader dynamics of cryptocurrency regulations and blockchain technology. Let's delve into these aspects to provide a comprehensive understanding. Understanding BSV and Its Transac...
How to solve the high slippage of BSV transactions? How to choose between limit and market orders?
May 02,2025 at 09:01pm
High slippage can be a significant concern for traders dealing with Bitcoin SV (BSV) transactions. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. This can occur in fast-moving markets or when there is low liquidity. To address this issue, understanding the mechanics of slipp...
What if BSV transactions are frozen? How to contact customer service to unblock the account?
May 05,2025 at 05:01am
When dealing with Bitcoin SV (BSV) transactions, encountering issues such as frozen transactions can be a stressful experience. This article will guide you through the process of understanding why BSV transactions might be frozen and how to contact customer service to unblock your account. We will cover the reasons behind frozen transactions, steps to t...
What if BSV node synchronization is slow? How to optimize local wallet performance?
May 03,2025 at 04:35pm
When dealing with BSV (Bitcoin SV) node synchronization and optimizing local wallet performance, it's crucial to understand the underlying issues and implement effective solutions. Slow synchronization and poor wallet performance can significantly hinder your experience with the BSV network. This article will delve into the reasons behind slow BSV node ...
How to check BSV transaction records? How to use the blockchain browser?
May 03,2025 at 06:50am
Checking BSV (Bitcoin SV) transaction records and using a blockchain browser are essential skills for anyone involved in the cryptocurrency space. These tools allow you to verify transactions, check wallet balances, and understand the flow of funds on the blockchain. This article will guide you through the process of checking BSV transaction records and...
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
Does BSV transaction require real-name authentication? Is anonymous trading feasible?
May 03,2025 at 03:14pm
The question of whether BSV (Bitcoin SV) transactions require real-name authentication and whether anonymous trading is feasible is a complex one, deeply intertwined with the broader dynamics of cryptocurrency regulations and blockchain technology. Let's delve into these aspects to provide a comprehensive understanding. Understanding BSV and Its Transac...
How to solve the high slippage of BSV transactions? How to choose between limit and market orders?
May 02,2025 at 09:01pm
High slippage can be a significant concern for traders dealing with Bitcoin SV (BSV) transactions. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. This can occur in fast-moving markets or when there is low liquidity. To address this issue, understanding the mechanics of slipp...
What if BSV transactions are frozen? How to contact customer service to unblock the account?
May 05,2025 at 05:01am
When dealing with Bitcoin SV (BSV) transactions, encountering issues such as frozen transactions can be a stressful experience. This article will guide you through the process of understanding why BSV transactions might be frozen and how to contact customer service to unblock your account. We will cover the reasons behind frozen transactions, steps to t...
What if BSV node synchronization is slow? How to optimize local wallet performance?
May 03,2025 at 04:35pm
When dealing with BSV (Bitcoin SV) node synchronization and optimizing local wallet performance, it's crucial to understand the underlying issues and implement effective solutions. Slow synchronization and poor wallet performance can significantly hinder your experience with the BSV network. This article will delve into the reasons behind slow BSV node ...
How to check BSV transaction records? How to use the blockchain browser?
May 03,2025 at 06:50am
Checking BSV (Bitcoin SV) transaction records and using a blockchain browser are essential skills for anyone involved in the cryptocurrency space. These tools allow you to verify transactions, check wallet balances, and understand the flow of funds on the blockchain. This article will guide you through the process of checking BSV transaction records and...
See all articles
