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RE: Basic Attention Token ICO - how to get in ASAP - UPDATED
one last question, when you introduce the "gas price" in myetherwallet, what are you exactly introducing? That amount is in gwei or in wei? So in order to participate in BAT sale safe I need to use 22gwei gas limit = 22.000.000.000 wei gas limit. Is this last amount (22.000.000.000) what I need to put in gas limit in myetherwallet? That would be less than 10usd transaction cost rigth? Thank you very much and sorry for so many question but it is a new concept and I want to understand it well :)
MyEtherWallet has a slider in the bottom right of the site for gas price:
You can see that it is measured in Gwei, so in this picture you would pay 20 Gwei (20.000.000.000 wei) for every gas unit consumed in the transaction. The gas limit (200.000 for the BAT ICO) caps the amount of gas you allow the transaction to consume. If all 200.000 gas is used, you would pay 20 Gwei * 200.000 gas = 4 million Gwei, or .004 ether ($0.72 @ 180 per ETH).
If you use 30 Gwei for the 200.000 gas limit BAT ICO like me, it will be $1.08 in fees
Thank you very much!
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