- Glossary
- Gas Limit
Gas Limit
Gas limit is a parameter that determines how much processing power and resources a transaction requires on the Ethereum network; This limit specifies the maximum amount of gas that can be consumed during the process.
Gas Limit is a parameter that specifies the maximum amount of gas that an Ethereum transaction can use during its transaction process on the network. The amount of gas used during the transaction cannot exceed the gas limit. The gas limit is determined by the user sending the transaction and determines the maximum amount of gas that will be used to process the transaction on the network. This limit is set depending on the amount of computing power and transaction required during the transaction. If the specified gas limit is exceeded during the transaction, the transaction will fail and a fee will be paid as much as the gas is spent, but the transaction will not take place. Therefore, the gas limit allows the user sending the transaction to determine how much gas will be used to successfully complete the transaction.