Author

Topic: [ETH] gas, uncles, wei, geth .... wtf? (Read 1693 times)

legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
October 29, 2015, 09:42:46 PM
#9
Quote
"Gas limit is there to protect you from buggy code running until your funds are depleted. The product of gasPrice and gas represents the maximum amount of Wei that you are willing to pay for executing the transaction. What you specify as gasPrice is used by miners to rank transactions for inclusion in the blockchain. It is the price in Wei of one unit of gas, in which VM operations are priced." https://ethereum.gitbooks.io/frontier-guide/content/costs.html

okay so all those words are need to explain "gasPrice"
when "transaction fee" would have worked no explaining needed ... and if you don't already know what a Wei Weeeeeeh is then you're likely still confused.

sr. member
Activity: 448
Merit: 250
October 29, 2015, 09:36:49 PM
#8
.
legendary
Activity: 1764
Merit: 1000
October 29, 2015, 09:34:49 PM
#7
https://www.etherchain.org/

Can any of the ETH heads explain these weird terms?  And in plain English Wink

gas?
gas usage?
uncles?

wei?
geth?
Szabo?
Finney?
Babbage?

Ethereum contracts?

Online Solidity Compiler?

Hashrate
21.5 GH/s ... but what algo?  Can i mine with ASICs? 


And most importantly what is the reward schedule? 
And why can't you find the block reward with ease on https://www.etherchain.org/ ?

ehteroeum is no more then just a get rich scam vaporware. these homeless kids have money to throws around.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
October 29, 2015, 09:31:13 PM
#6
The different denominations of ether (wei, szabo, finney, Mether, Gether)

so "a satoshi" is not enough?
now every increment has a cute name we need to memorize ... such cuteness.

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
October 29, 2015, 09:12:57 PM
#5
my grandma makes some sweet babbage-rolls Smiley

want a laugh ?

Microsoft Rolls Out Ethereum Toolkit for Business Users
legendary
Activity: 3906
Merit: 1403
Life, Love and Laughter...
October 29, 2015, 09:03:46 PM
#4
^ Hahahahaha!
sr. member
Activity: 448
Merit: 250
October 29, 2015, 08:54:44 PM
#3
.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
October 28, 2015, 11:54:00 PM
#1
https://www.etherchain.org/

Can any of the ETH heads explain these weird terms?  And in plain English Wink

gas? [edit] decodes to ... transaction fee

gas usage?
uncles?

wei?  [edit] decodes to ... fancy pet names for different sized units of ETH
geth?
Szabo?
Finney?
Babbage?


Online Solidity Compiler?

Hashrate
21.5 GH/s ... but what algo?  Can i mine with ASICs?  


And most importantly what is the reward schedule?  
And why can't you find the block reward with ease on https://www.etherchain.org/ ?

---
edit: oh so all the answers are here http://ether.fund or here https://ethereum.gitbooks.io or here https://www.etherchain.org or here http://www.ether.camp/ or here https://ethereum.org/ ... silly me for asking and not pouring thru the half dozen ETH sites to understand this neo-geek.io-babble
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