Family man. Tech junkie. Crypto, Guitars, games, and BBQ meats. CEO @ Giddy
Feb 14, 2022 • 16 tweets • 4 min read
What exactly is gas and why are we paying anything at all to get transactions written to the blockchain? We had a good discussion in our Giddy Discord channel recently about gas, here are the highlights. (join discord here discord.gg/bAVUC4yYzm)
A big thread.
Performing a transaction on the blockchain, whether it’s sending money to a friend or doing a DeFi or NFT operation, means writing a little bit of history to a distributed ledger, aka the blockchain. (there are multiple blockchains out there, but let’s keep it simple)