Thailand is actively embracing blockchain technology and cryptocurrencies, striving to become a center for cryptocurrency investment and financing.
From November 12 to 14, the highly anticipated W2140 World WEB3 Expo will be held at the Bangkok International Trade and Exhibition Centre in Thailand. During the same period, a venture capital conference and a global AI and Web3.0 summit themed 'Reshaping Connections and Intelligence' will also be held. The event is expected to attract over 200,000 on-site attendees and more than 1,000 exhibition projects. Additionally, there will be 10 international dignitaries, representatives from nine major sectors in Thailand, 600 global media outlets, over 20 universities, and more than 100 technology experts present, collaboratively promoting the W2140 World Expo as a top event in the global Web3 field.

The crypto community is filled with many terms, abbreviations, confusing slang, and intentional misspellings that leave many newcomers baffled. Some of these are essential knowledge for entering the crypto space, while others are merely 'bored' slang. This article will introduce some nonsensical industry jargon. I hope that after mastering these terms, you can feel the true joy of being part of the crypto community.
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1.GAS WAR
Gas War occurs when a large number of users make transactions simultaneously, competing to raise Gas fees in order to prioritize their transactions. For example, the release of $Floki Inu in 2022 led to a #Gas War on the Ethereum network, with transaction fees skyrocketing to hundreds of dollars. Gas Wars are particularly common when popular tokens are listed, and users can set a reasonable Gas fee cap in advance to avoid losses due to excessively high fees.