diff --git a/src/content/developers/docs/transactions/index.md b/src/content/developers/docs/transactions/index.md index fd853b2592e..bc5051af3cd 100644 --- a/src/content/developers/docs/transactions/index.md +++ b/src/content/developers/docs/transactions/index.md @@ -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 ``` @@ -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.