Gas Price computation

What is gas in EVM Chain ? On Ethereum and EVM chains, gas is a unit of measurement that represents the computational effort required to complete a transaction on the network. It is the fuel you must buy to incentivize miners to add your transaction to a block.

Gas Price Estimate with Verso Stack The gas price takes into account the EIP-1559 standard. Our Verso modules provide 3 levels of gas price recommendation for the wallet :

Gas Price RecommandationMeaning


Estimation for a safe [non rejected for low gas price] but slow [confirmation within 20 to 100 blocks]


Estimation for a standard transaction : confirmation within the next 10 blocks.


Estimation for a fast transaction : to be included in the current or next block.

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