Terp Network Docs

Tax

What is Tax?

Tax is many things to many people.

What is Good Tax?

What is Bad Tax?

gas fees allow the system to maximize the sustainability of the neutral verification layer. we are able to calculate a number that represents the total amount of operations the software has to run to include a single transaction to be verified. there can be limits set per tx and a total gas limit, to ensure that a comfortable range of tx are alwasy able to be included.

What is Terp Network Tax?

Fees

Fees are an additional fee required for transactions to be passed. The minimum fee required can very, dependent on the RPC provider a transaction is being broadcasted to, along with the networks global miminum-fee parameter that is set. Right now, it reuqires all tx to be wrapped with a thiol native fee, in order for transactions to be processed.

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