Elastos, the ambitious platform aiming to build a “carrier internet” for distributed applications, takes a unique approach to transaction fees compared to other popular blockchains like Ethereum. Understanding how gas fees work in the Elastos ecosystem is crucial for users and developers alike. This article aims to demystify the concept and equip you with the knowledge to navigate the Elastos network efficiently.
Unlike Ethereum, which relies on a single mainnet for smart contracts, Elastos utilizes a network of sidechains built on top of its main chain. Each sidechain can have its own gas fee structure, independent of the main chain. This flexibility allows for tailored solutions and potentially lower fees for specific applications.
On the Elastos main chain itself, there are actually no gas fees. Transactions primarily involve transferring the native ELA token, and network operations are powered by a different mechanism called DPoS (Delegated Proof of Stake). However, transferring ELA to and from sidechains does incur transaction fees on the main chain.
The action with gas fees is on the sidechains. Each sidechain can determine its own fee structure and gas unit, similar to Ethereum. For example, the Elastos ETH Sidechain uses gas fees similar to Ethereum but potentially at a lower cost due to its DPoS consensus mechanism. Other sidechains, like the NEO VM sidechain, might have different fee structures altogether.
While gas fees exist on specific Elastos sidechains, you can still employ strategies to optimize your costs:
The Elastos development team is actively exploring solutions to further optimize gas fees across the network. This includes potential upgrades to sidechain protocols and the ongoing development of Layer 2 scaling solutions.
While gas fees exist on Elastos sidechains, their structure and impact differ from mainstream blockchain platforms like Ethereum. Understanding this unique approach and employing optimization strategies can empower you to navigate the Elastos network effectively and make the most of its innovative sidechain ecosystem.
Additional Resources:
Estimate gas fees, convert currencies, and track historical trends for Ethereum, Polygon, Arbitrum, Optimism, and BSC transactions based on current network conditions.
Ultimate convenience with a vibrant color touchscreen & confirmation haptic feedback. Experience crypto security on an entirely new level.
Disclaimer:
GasFees.org is a free resource. All blogs on this website are created using information sourced from publicly available online content. We do not offer financial advice, and any content related to cryptocurrency prices or predictions is for informational purposes only. Always do your own research and consult with a licensed financial advisor before making any investment decisions.
Affiliate Disclosure:
GasFees.org is an official affiliate of Trezor and Ledger. If you click on a link to Trezor or Ledger and make a purchase, we may earn a small commission — at no additional cost to you. Thank you for supporting our work!
👉 Site Map | Terms of Service | Privacy Policy
© 2025 | GasFees.org. All Rights Reserved.