Computer Science, asked by sukhdeep6196, 9 months ago

What are the tokens used as computational fee in ethereum blockchain?

Answers

Answered by kanikasharma1908
2

The tokens that used as computation fee in ethereum blockchain are as follows:

Explanation: The tokens that used as computation fee in ethereum blockchain are Ether. Ether act as a fuel for the network. When tokens are send, or interact with the contract or anything is being done on blockchain, one need to pay for that computation.

The very same payment is measured in term of Gas and the payment of Gas is Eth. The total cost of a transaction is calculated as follows:

                         Total cost = Gas Price * Gas Limit.

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