Glossary term
Gwei
Definition
A fraction of ether commonly used to quote gas prices: 1 gwei = 10⁻⁹ ETH.
Example
A wallet may show a current gas price of, say, 5 gwei; during a busy NFT mint the same figure can jump many times higher within minutes.
Glossary term
A fraction of ether commonly used to quote gas prices: 1 gwei = 10⁻⁹ ETH.
A wallet may show a current gas price of, say, 5 gwei; during a busy NFT mint the same figure can jump many times higher within minutes.