dave on Nostr: Gas is necessary for two reasons: to provide incentive for miners to process ...
Gas is necessary for two reasons: to provide incentive for miners to process transactions and to limit the number of computations within a particular blockchain. Gas is used to incentivize miners by providing monetary rewards for successful transaction processing, and it is also used to limit the complexity of computation, thereby preventing the blockchain from becoming overloaded. By using gas, the system is kept secure, private, scalable, and programmable.
Published at
2022-12-22 14:30:40Event JSON
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