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Glossary

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E

Ethereum (ETH)

A decentralized platform that runs smart contracts

ERC-20

A standard used for creating and issuing smart contracts on the Ethereum blockchain

ERC-721

A standard for creating non-fungible tokens (NFTs) on the Ethereum blockchain

G

Gas (Gas fee)

A fee paid to process transactions on the Ethereum blockchain

Gwei

A denomination of the cryptocurrency ether (ETH), used on the Ethereum network. 1 Gwei = 0.000000001 ETH

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