Network commission — the concept of charge and capacity
Last updated
Last updated
Network load is regulated by network ownership. The larger the account balance, the more portion of the network it owns and the bigger load on the network it can give. At the same time, the balance itself is not spent on transactions in the form of commission.
`Balance' (capacity/ownership) is the ownership of the network. In general, it characterizes the amount of network bandwidth that the account is able to use.
Charge (network usage rate) - the degree of network usage, i.e. a measure of how much bandwidth the account has currently left.
The maximum value of charge corresponds to balance.
The Charge is fully restored in 24 hours.
The charge recovers gradually throughout the day. The current rate of charge recovery is proportional to the current balance.
Commission is how much charge the account spends on a transaction.
The minimum commission per byte of a transaction depends on the current network load. The higher the load, the higher the fee.
The minimum commission is 1 unit of charge per byte of the transaction.
The maximum commission is 30,000 units of charge (0.03*10^6) per byte of transaction.
You can read more about the change in commission here: