Gwei

« Back to Glossary Index

It is the denomination that has been utilized in defining the cost of gas in the Ether transactions. Gwei or gigawei is the smallest unit of Ethereum network’s Ether (ETH) cryptocurrency. It is referred to as 1,000,000,000 wei, the smallest base unit of Ether. One gwei equals 0.000000001 or 10-9 ETH. Conversely, 1 ETH represents 1 billion gwei.

« Back to Glossary Index

Check Also

dogecoin-and-shiba-inu

Dogecoin And Shiba Inu Gain, Crypto Behemoths In The ‘Red’

« Back to Glossary IndexThe King of meme coins and its killer both are in …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.