We are starting our series of posts explaining the mechanics of the TON network and our application.
What is gas?
In the TON network (The Open Network), gas is a computational unit used to measure and pay for the resources needed to execute transactions and smart contracts. It prevents the network from being overloaded with many complex operations, since attackers would have to pay for each operation.
How is the gas price calculated?
The gas price can vary depending on the network load and the complexity of the operation. The TON network may use a dynamic pricing model, where the gas price changes in response to the current state of the network to balance the supply and demand of resources.
Gas payment
Gas payment in TON is made in network tokens, which can be major tokens such as Toncoin. It is used as a reward in the network blockchain for the work done to confirm the operation.
What is gas?
In the TON network (The Open Network), gas is a computational unit used to measure and pay for the resources needed to execute transactions and smart contracts. It prevents the network from being overloaded with many complex operations, since attackers would have to pay for each operation.
How is the gas price calculated?
The gas price can vary depending on the network load and the complexity of the operation. The TON network may use a dynamic pricing model, where the gas price changes in response to the current state of the network to balance the supply and demand of resources.
Gas payment
Gas payment in TON is made in network tokens, which can be major tokens such as Toncoin. It is used as a reward in the network blockchain for the work done to confirm the operation.