Gwei is the monetary denomination of gasGas is a unit of measurement of the computational effort in conducting transactions or smart contracts on the Ethereum blockchain.... Read More used to pay for EthereumEthereum is a decentralized global open-source platform. The goal is to create a world computer where anyone can build and... Read More transactions. It represents a small amount of EtherEther is the cryptocurrency used on Ethereum. Ether holders can buy, sell, or use Ether to pay transaction fees on... Read More. One Ether equals 1,000,000,000 gwei (1 billion gwei).