Wording has been changed for transaction fees. Is this wording appropriate?
"All transactions require a transaction fee based the size of your transaction. You can send it for a fee of %1, which goes to the nodes that process your transaction and helps to support the network. Do you want to confirm the transaction?"
Transaction fees are kept low and based on a tiered system depending on the transaction size. Small transactions(Measured in their size via bytes) only require a small transaction fee, if you exceed a certain limit you pay a tiny bit more.
"All transactions require a transaction fee based the size of your transaction. You can send it for a fee of %1, which goes to the nodes that process your transaction and helps to support the network. Do you want to confirm the transaction?"
Transaction fees are kept low and based on a tiered system depending on the transaction size. Small transactions(Measured in their size via bytes) only require a small transaction fee, if you exceed a certain limit you pay a tiny bit more.
Sound fair and clear to me 😊
From testing it seems like its about 3-7 flaps for a standard transaction, over a specific amount it becomes around 35 flaps to send a transaction. For transaction under the dust limit it defaults to about 1 flap.
I feel these are fair, and as time goes on and value raises we can change the transaction fee costs as transactions increase.
