Which is considered to be the static value for how much a computation costs in terms of Gas?

Gas has multiple associated terms with it: Gas Prices, Gas Cost, Gas Limit, and Gas Fees. The principle behind Gas is to have a stable value for how much a transaction or computation costs on the Ethereum network.

Which is considered to be the static value for how much a computation costs in terms of Gas?
A . Price
B . Fee
C . Cost
D . Limit

View Answer

Answer: C

Explanation:

Gas Cost is a static value for how much a computation costs in terms of Gas, and the intent is that the real value of the Gas never changes, so this cost should always stay stable over time