Gas station

A special address in TRX from which a commission is taken to pay for gas and activate USDT addresses. On a blockchain, transactions require certain computing resources to execute, and gas acts as a measure of these resources. The user initiating the transaction can specify the amount of gas that he is willing to pay for the operation. The choice of the amount of gas and its price depends on the current network congestion and the desired transaction processing speed. A high amount of gas usually results in faster transaction processing, as miners and network participants are incentivized to select transactions with higher resource rewards. Gas allows you to balance between the speed of a transaction and the cost of processing it, making the process more flexible and efficient.

September 25, 2023
1 Min Read
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BitHide Team
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