Huniko Team
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How does Solana handle transaction fees? |
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Answered by
Tvenus
Jul 15, 2024
Replies: 1 comment
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Solana uses a dynamic fee system based on the demand for network resources. Transaction fees are much lower compared to Ethereum, typically costing a fraction of a cent, thanks to Solana's high throughput and efficient network design. |
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Answer selected by
GoldTaro
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Solana uses a dynamic fee system based on the demand for network resources. Transaction fees are much lower compared to Ethereum, typically costing a fraction of a cent, thanks to Solana's high throughput and efficient network design.