Terenval Crypto Glossary · Русская версия
Gas price
Definition: Gas price is the amount a transaction is willing to pay per unit of gas; modern Ethereum interprets it within the EIP-1559 fee model.
Legacy transactions can specify a direct gas price, while EIP-1559 transactions use maximum-fee and priority-fee parameters around the base fee.
How this concept appears in Terenval Wallet
Terenval displays network-fee information for Ethereum-style transactions while the underlying fee market is defined by the network.
Important: Compare fee settings with current network conditions rather than assuming one gas-price number is always meaningful.
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Sources and review
Published by Terenval; product claims are first-party information.