Ether is a crypto currency that is associated with a value which
keeps on fluctuating, depending upon the demand and supply in the
market. One can always buy, retain, and sell the Ethers in a crypto
exchange.
You can find all the units and subunits of Ether in Table 2.6, as
follows (https://ethdocs.org/en/latest/ether.html):
Table 2.6: Units of Ether
2.5.12.2 Gas vs. Ether
Please note that Gas and Ether are two different things. Unlike
Ether, gas is associated with the cost of the operation for running the
smart contract. However, internally, the gas is converted to Ether,
though not directly. But how? Let’s see.
The equation of the Transaction Fee associated with any operation
on the Ethereum network is as follows:
Tx Fees = Gas Limit * Gas Price
2.5.12.3 Gas limit
It’s the maximum value that the user is ready to pay to run an
operation. The minimum price of the Gas limit is 21,000. If the entire
value is not consumed, then the rest is returned to the user’s
account after the execution of the transaction. The Gas limit helps