On this platform, software developers write smart contracts that control digital value through a set of criteria and are accessible anywhere in the world.
A smart contract is a programmable contract that runs on the ethereum blockchain, that allows two parties to set conditions of a transaction without needing a third party for execution.
According to ethereum.org, Gas refers to the unit that measures the amount of computational effort required to execute specific operations on the ethereum network.
Over the past year, a lot of investors who got into bitcoin have become aware of ether and started diversifying their crypto portfolios.