Sasha Horodnic
@horodnic21
1/5 Gas and Fees on Swisstronik 💸 On #Swisstronik, users pay fees to submit transactions. With a hybrid model combining Ethereum’s fee system (EIP-1559) & Cosmos SDK, it ensures efficient transaction prioritization! 🚀 Learn about: 🔢 Gas calculation 💰 Providing fees 📈 Fee market for transaction priority
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Sasha Horodnic
@horodnic21
💡2/5 Basics: Why Do Transactions Need Fees? 💸 Without fees, malicious actors could flood the network with fake transactions, causing it to crash. 🚫 The solution? Gas! ⛽️ It’s a resource consumed during transaction execution, charging for validator resources and keeping the network secure! 🔐
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