Transaction Fees (Commission for transaction) user 's expenses for transfer, entry or withdrawal Cryptocurrencies on the blockchain.
Who gets paid ?#
| The network | The recipient . |
|---|---|
| Bitcoin | Miners |
| Ethereum, TON, BSC, TRON | The validators |
They They 're verifying . They're the ones that make the transactions and keep the network running.
Why do you need them?#
| Purpose | Effect |
|---|---|
| Spam protection | No commissions DDoS attacks on the blockchain |
| Security . | A minimum of $0.01 per thousand transactions expensive for an attacker |
| Rewards for Validators | Incentive to maintain infrastructure |
Bitcoin#
| The unit | The equivalent |
|---|---|
| 1 BTC | 1 000 mBTC = 100 000 000 Satoshi |
The amount of commission Depends on The transaction size in bytesIt's not the sum.
Features of the device:
- You can put it in manually. 0 commission → the miners ignore;
- Priority high commission transactions;
- Record overpayment: $3 million by mistake.
- Bitcoin Fees: bitcoinfees.net.
Ethereum#
The creator . I 'm not going anywhere . He 's entered a term . gas It's used to measure computational effort.
| The unit | The equivalent |
|---|---|
| 1 ETH | 1 000 000 000 gwei |
Structure of the Commission
- Base fee the minimum gas for processing;
- Priority fee (tea) is assigned by the user, goes to the validators, determines the speed.
The price of gas: ETH Gas Price.
TON#
The formula of the basic commission
base_fee = storage_fees + in_fwd_fees + computation_fees + action_fees + out_fwd_fees
| The component | The description |
|---|---|
| storage_fees | Storing the smart contract |
| in_fwd_fees | Importing incoming external messages |
| computation_fees | Run the code in TVM |
| action_fees | Processing the list of actions after the contract is performed |
| out_fwd_fees | Importing outgoing internal messages |
Units and sizes
| The unit | The equivalent |
|---|---|
| 1 gas | 10 000 nanoTON = 0,00001 TON |
| The basic transaction | ~0,005 TON |
| Forecast | Even with TON growing by 100x, transactions will still be cheap. |
Management of commissions
Set it up through voting for validators. The amendments shall be adopted in accordance with 2/3The votes.
Comparison of commissions (01.06.2024)#
| The network | The Commission | In dollars . |
|---|---|---|
| Bitcoin | 0,000037 BTC | $2,50 |
| Ethereum | 0,00083 ETH | $2,58 |
| TON | 0,0055 TON | $0,036 |
| TRON | 13,3959 TRX | $1,67 |
How to Avoid High Commissions#
- Choose .wallet some allow for commission regulation;
- The time . monitor the load through TonStat, Blockchain.com, ETH Gas Fees;
- The simulation evaluating the value through services-imitators;
- Group entries exchanges and mining pools combine transactions to reduce commissions.