Gas (GAS) Price

Historical Gas price chart and current Gas price.

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What is Gas?

GAS (GAS) is the fuel for the NEO blockchain. For all actions that take place on the NEO Blockchain, transaction costs are due which must be paid in GAS. This may include the execution of payment transactions or the sending of data. This GAS benefits the owners of NEO. NEO uses delegated Byzantine Fault Tolerance (dBFT) where the owners of NEO jointly maintain the network and in return they receive the income that is generated by charging transaction costs.

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