Alpha Launch Crypto Project - Real Time Gas Prices on https://startpage.finance

in #gas4 years ago

Transaction Fees & GAS prices (Updated every few seconds)

Transaction fee estimates are a weighted average of approximate costs (compute time, history size increase, state size increase, etc.). For a ballpark figure, normal (native token) transfers require about 21,000 GAS. The more you're willing to pay for GAS, the more likely it is miners/validators will process your transaction faster.

https://startpage.finance/infrastructure/gasprices

GAS Requirements (estimates)
Transactions require GAS*. The following (high) estimates are used to estimate the transaction fees.

Interaction GAS limit
Native Token transfer 21,000 GAS
On-Chain Token transfer 63,200 GAS
On-Chain Token Swap 193,000 GAS
Add/Remove LP 164,350 GAS

) GAS is measured in Gwei*, the more GAS you are willing to pay per Gwei, the more likely it is miners/validators will process your transaction faster.

) One Gwei is 1,000,000,000 Wei*or 0.000000001 ETH (in the case of Ethereum). It is a unit of measure (similar to a litre).

Units of measure are regardless of the token. 1 Gwei ETH is 0.000000001 ETH, and 1 Gwei MINTME = 0.000000001 MINTME.

To calculate the high estimate of the TX fee, you take the GAS limit * GAS price * USD conversion rate (which is what you see on this page).

***) A wei is the smallest unit of measure for Ethereum based chains (18 decimals), similar to a satoshi on Bitcoin (8 decimals).

Denominations
This convention of nicknames is a nod to the founding figures of Ethereum, and while the nicknames (in parenthesis) may differ depending on the blockchain (or fork), the units of measure will stay the same.

Unit Name Wei

Wei (wei) 1
Kwei (babbage) 1,000
MWei (lovelace) 1,000,000
Gwei (shannon) 1,000,000,000
Twei (szabo) 1,000,000,000,000
Pwei (finney) 1,000,000,000,000,000
Ether* (buterin) 1,000,000,000,000,000,000

*) This example is for Ethereum, you can replace it with any token. The units of measure stay the same.

For more information or to visit startpage.finance please follow the link. https://startpage.finance/infrastructure/gasprices

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