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Dictionary

Gas

Fees paid to validate a transaction on the blockchain. They vary from blockchain to blockchain.

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Gas limit

The gas limit is the maximum gas units somebody is willing to use up to execute a transaction. If the gas limit is too low,

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Gas Wars

A term used to describe when the gas fees go unreasonably high because too many users are trying to get their transaction confirmed within a

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GMI

Going to Make It. Expression used to describe the moment NFTs are universally understood and everybody sees their true value.

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Gwei

Gigawei. wei is the smallest unit of Ether. As pennies are the smallest unit of a dollar, and cents are the smallest units of Euros.

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