CBSA Exam Dumps : BTA Certified Blockchain Solution Architect

If you send off a transaction, then several fields have to be set. These include: • nonce: It is a sequence number for the sending account which counteracts replay attacks • gasprice: price offered to pay per gas • startgas: upper limit for the gas consumption • to: destination address (EoA or contract address) • value: Ether to transfer • data: Data to transfer • v, r, s: ECDA signature.

Gas is supposed to be the constant cost of network resources/utilization. You want the real cost of sending a transaction to always be the same, so you can’t really expect Gas to be issued, currencies in general are volatile. So instead, we issue ether whose value is supposed to vary, but also implement a Gas Price in terms of Ether. If the price of ether goes up, the Gas Price in terms of ether should go down to keep the real cost of Gas the same.