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Blockchain CBSA Exam - Topic 2 Question 36 Discussion

Gas has multiple associated terms with it: Gas Prices, Gas Cost, Gas Limit, and Gas Fees. The principle behind Gas is to have a stable value for how much a transaction or computation costs on the Ethereum network.Which is considered to be the static value for how much a computation costs in terms of Gas?
A) Price
B) Fee
C) Cost
D) Limit

Blockchain CBSA Exam - Topic 2 Question 36 Discussion

Actual exam question for Blockchain's CBSA exam
Question #: 36
Topic #: 2
[All CBSA Questions]

Gas has multiple associated terms with it: Gas Prices, Gas Cost, Gas Limit, and Gas Fees. The principle behind Gas is to have a stable value for how much a transaction or computation costs on the Ethereum network.

Which is considered to be the static value for how much a computation costs in terms of Gas?

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Suggested Answer: A

by Cassi at Oct 17, 2022, 11:58 PM

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Lucina
7 months ago
Gas Limit is just the max amount you can use, right?
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Helaine
7 months ago
Wait, is this really how it works? Sounds off.
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Monte
8 months ago
Definitely Cost, that's what I've always understood.
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My
8 months ago
Gas Price is the static value for computation costs.
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Adrianna
8 months ago
This is tricky! I feel like "Fee" is more about what you pay, while "Price" could be the market value. I’m confused!
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Margurite
8 months ago
I thought "Limit" referred to the maximum amount of gas you can use, so that can't be it. I'm leaning towards "Cost."
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Charlesetta
8 months ago
I remember practicing a question about gas fees and costs, but I can't recall which one is static. Maybe it's "Price"?
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Janey
8 months ago
I think the static value might be "Cost," but I'm not entirely sure. It feels like it could also relate to "Fee."
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Kenda
8 months ago
I'm confident the Salesforce admin and recruitment/admissions leader are the right choices here. The president and university VP roles seem too high-level to be directly involved in the Center of Excellence.
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Marshall
8 months ago
This looks like a tricky one. I'll need to carefully review the Cisco ACI configuration options to detect and stop network loops within 4 seconds.
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Lachelle
8 months ago
This one seems straightforward - the process of defining the business need should output the business need itself, so I'll go with option C.
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Inocencia
8 months ago
Ah yes, /usr/local/bin/ is where we put locally-installed programs that are meant for all users. I'm confident that's the correct answer here.
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Hortencia
1 year ago
Haha, this is like a gas station quiz! I'm going with D) Limit. It just sounds the most 'static' to me.
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Alishia
1 year ago
User 3: D) Limit sounds like the right choice to me. It does sound pretty static.
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Dyan
1 year ago
User 2: I'm going with C) Cost. It seems like the most straightforward option.
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Macy
1 year ago
User 1: I think it's A) Price. That makes the most sense to me.
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Kristine
1 year ago
I'm torn between B) Fee and D) Limit. The Gas Fee is what users pay to have their transactions processed, but the Gas Limit is the maximum amount they're willing to spend. Tough choice!
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Viva
1 year ago
I'm pretty sure it's C) Cost. The Gas Cost is the fixed price per unit of Gas, right? That's the static value for the computation cost.
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Joaquin
12 months ago
That's right. The Gas Cost is considered to be the static value for computation costs on the Ethereum network.
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Verdell
1 year ago
So, the static value for how much a computation costs in terms of Gas is indeed C) Cost.
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Veronika
1 year ago
Yes, you're correct. The Gas Cost is the fixed price per unit of Gas.
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Tonette
1 year ago
That makes sense, but I still think it's A) Price because it determines the value of the transaction.
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Alease
1 year ago
I believe it's C) Cost because it represents the computation cost.
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Gerald
1 year ago
Hmm, I think the correct answer is D) Limit. The Gas Limit is the static value that determines the maximum amount of Gas a transaction can consume.
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Chuck
1 year ago
Oh, I see. Thanks for clarifying!
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Heike
1 year ago
Actually, it's D) Limit.
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Norah
1 year ago
No, I believe it's C) Cost.
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Genevive
1 year ago
I think the answer is A) Price.
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Tonette
1 year ago
I think the answer is A) Price.
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