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will chain 🛠🌑🩸😥

16h • 1 tweets • 1 min read

Just wanted to share the amazing resilience and humility of some #LUNAtics that delegated to @realTerranOne.

These are the people whose invanquishible spirit and indomitable resolve will bring the new @terra_money / $LUNA success.

Come rebuild with us on the other side.

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will chain 🛠🌑🩸😥

@stablechen

Oct 12, 2021

HOW GAS ON TERRA WORKS (short🧵)

1/ If you're coming from @ethereum, you may be tempted to think that gas on @terra_money works the exact same. Unfortunately, this assumption will likely throw you off guard as there are a couple key differences between the two platforms.

2/ FEE STRUCTURE

All transactions on Terra must include a fee to compensate the validator that spends computing resources to include it in a block. Fees on Terra can be broken down into 2 parts:

1. tax (aka. "stability fee"), on all coin transfers
2. "gas" (compute resource)

3/ WHAT IS GAS?

"gas" is a unit for measuring roughly the amount of compute resources required to process an operation.

Gas used in a transaction is computed deterministically -- a transaction will always need the same amount of gas on any node running a compliant Terra Core.

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