In the Ethereum blockchain, gas refers to the cost required to complete a transaction on the network.
Miners set the price of gas based on the supply and demand of the network computing power needed to process smart contracts and other transactions.
Gas prices are quoted in small fractions of ether called gwei.
The cost of gas for internal processing, which is different from how Ethereum tokens value the actual valuation of the cryptocurrency, disaggregates the cost level and processing level of the Ethereum platform.
Verge (XVG) is an open-source decentralized cryptocurrency that claims to offer completely anonymous transactions by hiding the location and IP address of the participants in the transaction.
An application-specific integrated circuit (ASIC) miner is a computerized device or hardware that uses an ASIC solely to mine bitcoin or another cryptocurrency.
Blockchain is a type of shared database that differs from a regular database in how it stores information; Blockchains store data in blocks, which are then linked to each other using cryptography.