Cryptocurrency Q&A
How to get gas fee?
How to get gas fee?
Valeria
Sat Dec 07 2024
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6 answers
1808
I'm trying to figure out how to obtain the gas fee for a transaction. I need to know the process or steps to get this information.
6 answers
Lorenzo
Mon Dec 09 2024
The process of determining gas fees is composed of two fundamental elements.
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DaeguDiva
Mon Dec 09 2024
The first component is the gas limit, which represents the maximum level of computation a user anticipates a validator will undertake for a specified transaction.
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MysticGalaxy
Mon Dec 09 2024
This limit is set to ensure that the user does not exceed their budget for transaction execution.
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Andrea
Mon Dec 09 2024
The second element in the calculation is the gas price.
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KpopHarmonySoulMate
Sun Dec 08 2024
The gas price signifies the cost per unit of computational work carried out by a validator.
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