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Refactor on gas section
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@minimalsm
minimalsm committed Aug 4, 2021
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Showing 1 changed file with 5 additions and 3 deletions.
8 changes: 5 additions & 3 deletions src/content/developers/docs/transactions/index.md
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Expand Up @@ -112,10 +112,10 @@ With the signature hash, the transaction can be cryptographically proven that it

As mentioned, transactions cost [gas](/developers/docs/gas/) to execute. Simple transfer transactions require 21000 units of Gas.

So for Bob to send Alice 1 ETH at a `baseFeePerGas` of 200 gwei and `maxPriorityFeePerGas` of 1 gwei, Bob will need to pay the following fee:
So for Bob to send Alice 1 ETH at a `baseFeePerGas` of 190 gwei and `maxPriorityFeePerGas` of 10 gwei, Bob will need to pay the following fee:

```
(200 + 1) * 21000 = 4,221,100 gwei
(190 + 10) * 21000 = 4,200,000 gwei
--or--
0.0042 ETH
```
Expand All @@ -124,7 +124,9 @@ Bob's account will be debited **-1.0042 ETH**

Alice's account will be credited **+1.0 ETH**

The base fee will be burned **-0.0042**
The base fee will be burned **-0.003735 ETH**

Miner keeps the tip **+0.000197**

Gas is required for any smart contract interaction too.

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1 comment on commit 9c8dc15

@nkolchakov
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I'm currently stuck on this, shouldn't "The base fee will be burned" equals 190 * 21000 = 3,990,000 (0.00399 ETH) ?

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