What Are Moonbeam Gas Fees?

Moonbeam gas fees are the transaction costs required for executing operations on the Moonbeam network, a smart contract platform built on Polkadot. These fees, paid in GLMR tokens, facilitate seamless transactions and maintain network security. Moonbeam’s focus on Ethereum compatibility ensures low and predictable gas fees, making it ideal for deploying decentralized applications (dApps). Understanding Moonbeam gas fees helps users optimize costs while leveraging its multi-chain capabilities.

What Are Elastos Gas Fees?

Elastos, a blockchain platform focused on building a decentralized “SmartWeb,” takes a unique approach to transaction costs. On the Elastos main chain, there are no traditional gas fees for transactions involving the native ELA token, as network operations are primarily supported by miners collecting minimal transaction fees. This design prioritizes affordability and accessibility for users transferring ELA or engaging with basic network activities.

However, Elastos operates sidechains, such as the Elastos Smart Chain (ESC), which supports Ethereum-compatible smart contracts. On the ESC, gas fees apply and are paid in ELA, but they are notably low—often less than $0.01 per transaction (around 3.3 Gwei), with options for fast (5s), normal (15s), or slow processing times. These fees cover computational resources and are kept minimal due to Elastos’ efficient architecture and merged mining with Bitcoin, which enhances security without inflating costs.

Users can monitor ESC gas fees using tools like Elastos’ block explorers or wallets like Elastos Essentials, which provide real-time fee estimates. By eliminating main chain gas fees and maintaining low sidechain costs, Elastos fosters a cost-effective environment for decentralized applications, making it attractive for developers and users alike.