A STARTGAS value, representing the maximum number of computational steps the
transaction execution is allowed to take
A GASPRICE value, representing the fee the sender pays per computational step
The first three are standard fields expected in any cryptocurrency. The data field has no
function by default, but the virtual machine has an opcode which a contract can use to
access the data; as an example use case, if a contract is functioning as an on-blockchain
domain registration service, then it may wish to interpret the data being passed to it as
containing two "fields", the first field being a domain to register and the second field being
the IP address to register it to. The contract would read these values from the message
data and appropriately place them in storage.
The STARTGAS and GASPRICE fields are crucial for Ethereum's anti-denial of service
model. In order to prevent accidental or hostile infinite loops or other computational
wastage in code, each transaction is required to set a limit to how many computational
steps of code execution it can use. The fundamental unit of computation is "gas"; usually,
a computational step costs 1 gas, but some operations cost higher amounts of gas
because they are more computationally expensive, or increase the amount of data that
must be stored as part of the state. There is also a fee of 5 gas for every byte in the
transaction data. The intent of the fee system is to require an attacker to pay
proportionately for every resource that they consume, including computation, bandwidth
and storage; hence, any transaction that leads to the network consuming a greater
amount of any of these resources must have a gas fee roughly proportional to the
increment.
Messages
Contracts have the ability to send "messages" to other contracts. Messages are virtual
objects that are never serialized and exist only in the Ethereum execution environment. A
message contains:
The sender of the message (implicit)
The recipient of the message
The amount of ether to transfer alongside the message