I thought you knew! #05

Did you know that to execute a transaction on the Ethereum network you need Gas? Yes, you heard me, Gas. Well I thought you knew!

A Gas on the Ethereum Network is the amount you are willing or may be expected to spend to get a transaction through and the price for this gas is calculated in a unit known as Gwei. And it takes 1000000000 Gwei to make 1 Ethereum.

So when next someone mentions Gas and Ethereum in a single sentence, don't get carried away thinking they are geeks or getting the discussion wrong, it just means what it means; Ethereum needs Gas to run. hehehe
Gas, Gwei, Ethereum..?, Now you know!