#Gas is a digital currency used in the #Ethereum network as a payment unit to process transactions and execute smart contracts on the network. The Gas currency is used to pay fees that are necessary to ensure that operations on the network run effectively. These fees are measured in a unit called “Gwei,” and are determined based on the rate of supply and demand for network resources.

In short, when you make a transaction or run a smart contract on the Ethereum network, you’ll need to pay a certain amount of Gas as a fee to the miners (mineers) who process that process that process. The network hopes that this will encourage the effective targeting of its resources and prevent excessive use of the network. $GAS