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Category: Ethereum

What is Gwei?

Summary Definition: A denomination of Ether equal to one billion Wei (10^9 Wei or 0.000000001 ETH).

Detailed Technical Explanation

Short for Giga-Wei, Gwei is the standard unit used to quote Ethereum gas prices. 1 ETH equals 1,000,000,000 Gwei, and 1 Gwei equals 1,000,000,000 Wei.

Educational Notice: Technical definitions on CoinAd.in are maintained to help developers, students, and engineers understand decentralized computing concepts accurately.

Related Ethereum Terms

Gas

The unit of measurement used to quantify the computational effort required to execute...

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