Update fees.md #626
Update fees.md #626
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Adding FlowEVM gas fee details to this doc
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KshitijChaudhary666
requested review from
vishalchangrani,
SeanRobb,
Aliserag and
JeffreyDoyle
| @@ -20,4 +20,108 @@ Transactions on FlowEVM are executed through Cadence, which uses FLOW token for | |||
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| For transactions that are submitted to a FlowEVM RPC node, the RPC node wraps the EVM transaction in a Cadence transaction and signs that transaction as the Payer. The coinbase of the EVM transaction is set by the RPC node to an address it maintains, therefore billing the cost of the transaction to the address executing it. | |||
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Let's change FlowEVM to EVM here and add 'an'.
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The info bubble at the top also says "Are you a Cadence developer looking for information about Accounts on Cadence? If so, check out the Cadence specific documentation here", let's change it from Accounts to 'Fees'
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| # How gas fees work on FlowEVM? |
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This should be consistent - capital case
| # How gas fees work on FlowEVM? | ||
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| ## Revisiting Transaction Fee on Flow |
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Would update to either 'Fees' or 'The Transaction Fee'
| `Transaction fee = [inclusion fee + (execution effort * unit cost)] x surge` | ||
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| where, |
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'where,' is a bit awkward here
| - Surge = 1.0 (currently constant) | ||
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| ## Transaction fee on FlowEVM |
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Lets not use FlowEVM -> Transaction Fees on EVM
| ### EVMGasUsageCost | ||
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| Looking through past EVM contract deployments, a robust estimate is that one Flow Cadence transaction should be able to fit up to 10M gas. For Cresendo PreviewNet launch therefore, given the current computation limit on Flow being 9999, we would use the conversion ratio of 1000 gas/computation. Thus EVMGasUsageCost will initially be fixed at 1/1000, but will be open for revision prior to the Mainnet launch and in future. |
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Crescendo PreviewNet -> Previewnet
Adding FlowEVM gas fee details to this doc