Blockchain Glossary

Gwei

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Gwei is denoted in the Ethereum cryptocurrency (ETH) and is used on the Ethereum network. This Ethereum is also a blockchain platform just like Bitcoin where users can transact among themselves to purchase and sell goods & services without intermediaries or third-party intervention.

Gwei is also called nanoester or simply nano to denote the ninth power of fractional ETH. If you try to imagine the physical size of gwei – how you can visualize 100 pennies – you probably won’t be able to because measurements on the air are almost invisible, like digital dust.

How-To-Do-B2B-Blogging

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