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    • šŸ™‹ā€ā™‚ļøDemonstrate ownership of a tz address (DEPRECATED)
    • šŸ“„Submit transactions to a specific baker (DEPRECATED)
    • šŸš€Estimate Tezos performances (DEPRECATED)
    • šŸ’°Estimate transaction cost (DEPRECATED)
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  1. How-To

Estimate transaction cost (DEPRECATED)

PreviousEstimate Tezos performances (DEPRECATED)NextDeFi on the Tezos blockchain

Last updated 2 years ago

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To measure the cost of a transaction in fiat currency, we calculate as follows

gasĀ consumedƗmedianĀ gasĀ costƗtezĀ price1,000,000=txĀ price\frac{\text{gas consumed} \times \text{median gas cost} \times \text{tez price}} {1,000,000} = \text{tx price}1,000,000gasĀ consumedƗmedianĀ gasĀ costƗtezĀ price​=txĀ price

We take as an example the median gas cost¹, and the tez price on October 7, 2021:

  • median gas cost: 0.1 / gas unit

  • tez price: 6.7

We use the following values for the gas usage:

​

  • Hic et Nunc NFT minting:

  • Hic et Nunc NFT transfer:

  • tez transfer:

This cost calculation is indicative only. It’s not absolute nor guaranteed; it’s a cost estimate based on figures which are valid at one particular moment.

[1]: We took the median value in a range of 13 gas cost values.

šŸ’°
94,000 gas units
123,000 gas units
1,500 gas units