What is about transaction fees on your wallet? Is it free?
What is about transaction fees on your wallet? Is it free?
As far as i know if that's not free but it's almost free that means if that consumes only a few cents and it will no more than 10 cents. Im also using vite wallet right now and the transaction is instant.
You should not feel worried about the fees caused by this is DAG that is possible to make the fees is almost zero.
My review based on my experience use vite wallet. I just hope you can get a good anwer from my post.
Vite does not charge transaction fee. Instead, an amount of quota is consumed when sending transaction. All operations, including transfer, deploying smart contract, calling smart contract, issuing token, registering SBP, retrieving mining rewards, voting and staking, consume quota. To meet this requirement, a unique quota generation and consumption model is implemented in Vite network.
To get quota for your account, you can:
- Obtain a piece of small, one-time quota by calculating a PoW puzzle upon sending transaction, or
- Stake VITE coin.
More info here
https://vite.wiki/tutorial/rule/quota.html#what-is-quota You created good wallet, thank you team.