What is the recommended gas limit for Ethereum transactions?

3 answers

• collage samadhanSep 03, 2020 · 5 years ago
  The recommended gas limit for Ethereum transactions depends on the complexity of the transaction. For simple transactions, a gas limit of around 21,000 is usually sufficient. However, for more complex transactions involving smart contracts or token transfers, a higher gas limit may be required. It's important to note that setting the gas limit too low may result in the transaction failing, while setting it too high may result in unnecessary fees. It's recommended to consult the Ethereum network's current gas usage and adjust the gas limit accordingly.
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• Saruê BoladoJul 28, 2023 · 2 years ago
  When it comes to the recommended gas limit for Ethereum transactions, it's important to consider the specific requirements of your transaction. The gas limit determines the maximum amount of computational work that can be performed for a transaction. If you're unsure about the gas limit, you can check the gas usage of similar transactions on the Ethereum network to get an idea of what gas limit to set. Additionally, you can use online tools or consult with experienced Ethereum developers to determine the appropriate gas limit for your specific transaction.
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• Muhammad Ali SindhuMar 20, 2023 · 2 years ago
  As an expert in the cryptocurrency industry, I can tell you that the recommended gas limit for Ethereum transactions can vary depending on the current network conditions. It's always a good idea to stay updated with the latest gas usage statistics and adjust your gas limit accordingly. However, it's generally safe to start with a gas limit of around 21,000 for simple transactions and increase it as needed for more complex operations. Remember, setting the gas limit too low may result in failed transactions, while setting it too high may lead to unnecessary fees. So, it's important to find the right balance for your specific transaction.
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