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RE: IEO´s The New ICO´s

in #crypto5 years ago

Well, thanks for the briefing, but I do believe I'll keep my wallet in my pocket for now. Color me cynical.

I have one question. In the paragraphs between Ethereum pic and the Binance pic, you talk about "gas". What is this supposed to mean, in this context?

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Regards @redpossum.

The "Gas" is the commission for operability that the Ethereum platform charges for realizing the transactions. The larger the amount, the faster the transaction is executed.

When an ICO is performed, the tokens must be acquired quickly, so Gas consumption is higher.

Thanks for comment.