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ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

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Monday May 28th 2018
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Understand the underlying principles of the Ethereum Platform

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Gas

Definition of "Gas"

For basics: Gas is the amount of Ether one pays as the internal cost of executing a transaction or contract in Ethereum. In detail: Gas is a measurement that is roughly equivalent to the computational effort required to execute a transaction. Every transaction is required to include a gas limit and a fee that a user is willing to pay per gas; miners have the choice of including the transaction and collecting the fee or not. If the total number of gas units used by the computation spawned by the transaction, including the original message and any sub-processes, exceeds the gas limit, then all changes are reverted, except that spent gas cannot be reclaimed. For more info on Ether check our Resources section.

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