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Q.05 of 40

Explain the concept of gas in Ethereum and how it relates to Solidity.

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Gas is the computational cost required to execute operations on the Ethereum network. Every operation in Solidity has a gas cost, and users must pay gas fees to execute transactions.

Key concepts:

  • Gas Limit: Maximum gas a transaction can consume
  • Gas Price: Amount of Ether willing to pay per unit of gas
  • Gas Used: Actual gas consumed by the transaction

Different operations have different gas costs:

  • Simple operations (addition): ~3 gas
  • Storage operations (SSTORE): ~5,000-20,000 gas
  • Contract creation: ~32,000 gas + deployment code
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