In Ethereum the ether assigned to an script as a limit is known as gas as in gasoline. I am a newbee to Ethereum and doing some research. To do this, run Mist from the command line like so: First there is the contract keyword that signals the beginning of a contract. What happened? This means taking the time to build your channel brand, and a following so that you get the notice of companies looking for sponsorships since that’s where the real money is at. Sponsorships : If you can get the eye of a sponsor, that’s where the best money is going to come from. It is used to pay for gas, a unit of computation used in transactions and other state transitions.