Transaction Fees

Transaction fees are the primary mechanism through which BEAM are recirculated back into the network. Every transaction requires a minimum fee. When an NOIZ account forges a block, all of the transaction fees included in that block are awarded to the forging account as a reward. Unlike with other blockchains, minimum transaction fees are enforced by the blockchain therefore transactions which does not specify a fee larger than the minimal fee for this transaction type won't be accepted by nodes.