Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Update transaction-fees.md #102

Merged
merged 1 commit into from
Mar 1, 2022
Merged
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
2 changes: 1 addition & 1 deletion docs/edgeware-stack/economics/transaction-fees.md
Original file line number Diff line number Diff line change
Expand Up @@ -4,7 +4,7 @@

Several resources in a blockchain network are limited, for example, storage and computation. Transaction fees prevent individual users from consuming too many resources. Edgeware uses a weight-based fee model as opposed to a gas-metering model. As such, fees are charged prior to transaction execution; once the fee is paid, nodes will execute the transaction.

[Web3 Foundation Research](https://research.web3.foundation/en/latest/polkadot/Token%20Economics.html) designed the Polkadot fee system with the following objectives:
[Web3 Foundation Research](https://research.web3.foundation/en/latest/polkadot/overview/2-token-economics.html) designed the Polkadot fee system with the following objectives:

* Each Relay Chain block should be processed efficiently to avoid delays in block production.
* The growth rate of the Relay Chain should be bounded.
Expand Down