Solidity Finance has announced a major change to the company that will take place in the upcoming months. Starting on August 28th the company will be operating under a new name, “SourceHat”, aiming to expand its operations to serve the larger Web3 space. Solidity Finance is an industry-leading provider of auditing services for smart contracts written in the Solidity programming language and the firm has worked tirelessly over the past several years to build its reputation to become what it…
Exchange Fees
The Correlation Between Blockchain Activity and Transaction Fees
Miners and validators are essential cogs in any crypto project. They're the ones who process transactions on a blockchain (BC) activity. For their efforts crypto projects compensate them for their efforts from transaction fees. A transaction is only valid when it has undergone validation. The process ends with the validators adding it to the BC. Mining consumes a lot of computing power. As such, it's an energy-intensive exercise. The motivation for the miners is the block reward that consists of…
2 years ago 1.3 k views