Cryptocurrency Q&A How to estimate gas for a transaction?

How to estimate gas for a transaction?

Skywalker Skywalker Wed Dec 25 2024 | 6 answers 1791
I need to know how to estimate the gas required for a transaction. I want to understand the process of calculating or estimating the gas needed to complete a transaction on the blockchain. How to estimate gas for a transaction?

6 answers

Eleonora Eleonora Fri Dec 27 2024
The L2 gas price refers to the cost per unit of gas on the second layer of the Ethereum network, which is typically less expensive than the main layer.

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CryptoVisionary CryptoVisionary Fri Dec 27 2024
To determine the total amount of Ether needed for a successful transaction, a calculation is necessary.

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Giulia Giulia Fri Dec 27 2024
By multiplying these two values together, you can ascertain the total cost of the transaction in terms of Ether.

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Riccardo Riccardo Fri Dec 27 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto traders. Among these services are spot trading, futures trading, and a digital wallet.

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GangnamGlitzGlamourGlory GangnamGlitzGlamourGlory Fri Dec 27 2024
This calculation involves multiplying two key components: the value obtained from eth_estimateGas and the L2 gas price.

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