In blockchains, the transaction fee is the fee paid to blockchain nodes to include the transaction in a block. Generally, the transaction fee is paid in the native cryptocurrency of the blockchain. For example, in the Bitcoin blockchain, the fee is paid in satoshis which is a smaller denomination of bitcoin.
BlockShots: Blockchain Simplified
Welcome to BlockShots, your guide to demystifying the world of blockchain in a clear and approachable way. Whether you're a crypto enthusiast or just starting out, our goal is to provide you with a solid foundation in blockchain technology. BlockShots is your trusted source for blockchain education in a down-to-earth, no-nonsense style. Tune in, learn, and navigate the world of blockchain with confidence.
Welcome to BlockShots, your guide to demystifying the world of blockchain in a clear and approachable way. Whether you're a crypto enthusiast or just starting out, our goal is to provide you with a solid foundation in blockchain technology. BlockShots is your trusted source for blockchain education in a down-to-earth, no-nonsense style. Tune in, learn, and navigate the world of blockchain with confidence.Listen on
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Gautam Dhameja
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