2023-05-30 12:58
Release time 2023 05 30
Release time 2023 05 30
Ethereum has no fee deduction, which means that it does not automatically deduct any transaction fees from the amounts transfered. Instead, users manually specify the gas price for the transaction, which determines how much they are willing to pay as a fee. This gas fee is then paid to the miners as an incentive for validating and adding the transaction to the blockchain. Therefore, Ethereum has no built-in system for taking a cut or a commission from users' transactions, allowing for more transparent and efficient transactions.
Release time 2023 05 30
Release time 2023 05 30
Release time 2023 05 30