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Gas

Gas is a measurement of how much computing power is required to process transactions on the Ethereum network. In the case of a basic transaction like sending funds between addresses,…

Gas Limit

Because gas is needed for transactions on the Ethereum network, it includes the ability for a user to specify the maximum amount of gas that can be used for a…

Gas Price

The gas price is the limit set by the user for how much you are willing to pay to have a transaction completed. A higher gas price will provide miners…

Genesis Block

The first block in the blockchain is called the genesis block. It is the common ancestor of all the blocks in the blockchain, meaning that if you start at any…

Gigahashes/sec

Gigahashes/sec is the amount of hashes possible every second, measured in billions of hashes.

Going Long

With a long position investment, the investor purchases an asset and owns it with the expectation that the price is going to rise. He normally has no plan to sell…

Going Short

The practice of selling cryptocurrency that is not currently owned (usually borrowed), and subsequently repurchasing them (“covering”). In the event of an interim price decline, the short seller profits, since…

GPU

Acronym for “graphics processing unit” is a specialized processor originally designed for the high graphics requirements of computer games. These are also used to mine cryptocurrency that cannot be mined…

Graph Gaps

From time to time gaps will appear on price charts, when the market jumps over certain price levels in the series. These gaps are typically caused by some outside event…

Gwei

Gwei is a commonly used denomination of ether because gas prices are most often measured in Gwei. 1 Ether = 1000000000 Gwei.

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