0

I'm newbie to Ethereum, and finding answers of some questions that I have.
I have learned about SC deployment that deploying the contract cost 0.01072934 ether, or about $3.21 USD

So, where that cost goes? it that goes to miners? or anywhere else?

0

Yes, all ether that is paid for transactions is rewarded to the miner of the block a transaction is included in.

  • Does it include contract invocation too? not a transaction – Hina Khuman Jun 19 '18 at 13:28
  • Yes, because a contract invocation is only done by executing a transaction. – Henk Jun 19 '18 at 14:00
1

All the gas cost directly goes to miner who mined the blockchain that contains your transaction.

Check out the field Block Reward of this block (5816964) which is 3 + 0.0619125919 ether. It is the sum total of 3 ether static reward and Tx fees (gas cost) in decimals.

  • My question is for SC deployment not a transaction. – Hina Khuman Jun 19 '18 at 13:33
  • Contract deployment is also a transaction. Anything which change the state of blockchain is a Tx. – Sowmay Jain Jun 19 '18 at 13:35
  • So, what miner do in a contract deployment? what they verifies? – Hina Khuman Jun 19 '18 at 13:37
  • Anything which change the state of the blockchain is verified (whether the Tx comply with the sets of rules implied on blockchain) by miners. – Sowmay Jain Jun 19 '18 at 13:47

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.