Blockchain Developer Certification Practice Exam 2025 – All-In-One Guide to Master Your Certification!

Question: 1 / 400

What is the role of gas in Ethereum smart contracts?

To store data temporarily during executions.

To limit the amount of resources that can be utilized.

Gas plays a critical role in Ethereum smart contracts by serving as a measure of computational work required to execute operations. It essentially limits the amount of resources that can be utilized during a transaction or contract execution on the Ethereum network. Each operation or computation performed by a smart contract consumes a certain amount of gas, which not only reflects the complexity of the operation but also helps to prevent abuse of the network by ensuring that users cannot execute infinite loops or excessively resource-intensive operations without incurring a cost.

This pricing mechanism helps maintain network efficiency and stability, as it requires users to estimate the gas required for their transactions and incentivizes them to optimize their code. If the gas limit for a transaction is exceeded due to the execution of costly operations, the transaction fails, and the resources consumed are still deducted, discouraging wasteful usage of resources. Therefore, gas acts as both a limit and a pricing model, ensuring that the Ethereum network remains functional and fair to all participants.

Get further explanation with Examzify DeepDiveBeta

To facilitate faster transaction processing.

To operate as a currency for executing contracts.

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy