In RemixIDE, Gas refers to the unit of measurement for the cost of performing a particular operation on the Ethereum blockchain. It is the amount of ether that a user is willing to pay in order to execute a particular transaction or contract.
Transaction cost refers to the amount of Gas required to complete a particular transaction on the Ethereum blockchain. This cost is a factor of the complexity of the transaction and the amount of data being transferred.
Execution cost refers to the amount of Gas required to execute a particular contract on the Ethereum blockchain. This cost is a factor of the complexity of the contract and the amount of computation required to execute it.
In summary, Gas and transaction execution cost are the amounts of Ether required to perform a specific action on the Ethereum network, while execution cost refers to the cost of making specific transactions or executing contracts in the Ethereum network.
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Asked: 2022-01-02 11:00:00 +0000
Seen: 15 times
Last updated: Feb 23 '22