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Quiz Entry - updated: 2026.07.30

What is gas?

A unit measuring the computational work a transaction requires; a simple transfer costs little gas, a complex smart-contract call far more.

You pay a fee proportional to gas used, and can set a gas limit to cap runaway costs. Gas exists to compensate node operators and ration scarce block space.

From Quiz: IOTHACK / IOTHACK Glossary | Updated: Jul 30, 2026