Cryptocurrency Q&A What does 20 gwei mean?

What does 20 gwei mean?

Lorenzo Lorenzo Mon Aug 26 2024 | 6 answers 1332
Could you please clarify for me the meaning of 20 gwei in the context of cryptocurrency transactions? As someone who's relatively new to this field, I'm curious to understand how this unit of measurement is used and what it represents specifically. Is it related to the cost of transactions, or perhaps a unit of value within the blockchain? I'd appreciate a straightforward explanation that breaks down the concept in simple terms. What does 20 gwei mean?

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