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Ian Lee-

I got a question regarding the transaction priority. I understand

how does Eth transaction work where you pay more gas fee, the faster your transaction go through. Does ERG has such transaction priority? Or is purely based on FiFO method?

#cryptocurrency #english #ergo
0

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TypoDaPsycho (Gabe)-

Transaction fees can impact confirmation speed as Ergo doesn't use FIFO method like Bitcoin. But, since the data intensive computation involved with smart contracts happen off-chain (verification occurs on-chain) there are no "gas" fees like on Ethereum. Costs to run complex smart contracts and simple transactions are always known prior to execution. Higher network traffic won't cause transaction fees to skyrocket unpredictability. Possible bc of EUTxO model

0
15.01.2022
kushti-khushi

Fee/byte sorting

0
15.01.2022

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