To prevent malicious users from spamming SX Network with useless transactions, SX Network users must submit a small transaction fee (i.e. gas fee). This fee is denominated in SX in order to tie the price of using the network with the collateral (SX) that validators put up to secure it. In this way, network usage and network security can scale together.
Like other public blockchains, any transaction that is included in a validators’ block will include this SX Network transaction fee. This fee will be extremely low upon network inception and will rise or fall based on the supply and demand for block space on the network.
Last modified 3mo ago
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