bez review
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@ -345,7 +345,7 @@ On Cosmos Hub mainnet, the accepted denom is `uatom`, where `1atom = 1.000.000ua
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Transactions on the Cosmos Hub network need to include a transaction fee in order to be processed. This fee pays for the gas required to run the transaction. The formula is the following:
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```
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fees = gas * gasPrices
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fees = ceil(gas * gasPrices)
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```
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The `gas` is dependent on the transaction. Different transaction require different amount of `gas`. The `gas` amount for a transaction is calculated as it is being processed, but there is a way to estimate it beforehand by using the `auto` value for the `gas` flag. Of course, this only gives an estimate. You can adjust this estimate with the flag `--gas-adjustment` (default `1.0`) if you want to be sure you provide enough `gas` for the transaction.
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@ -48,8 +48,8 @@ $ gaiacli version --long
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```
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cosmos-sdk: 0.33.0
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git commit: 7b4104aced52aa5b59a96c28b5ebeea7877fc4f0
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vendor hash:
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git commit: 06f741609bbce747643e9f1f2abf67040ad78e16
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vendor hash: decf1ff8b31df2243aa27bcd6e1a40df4d30be81
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build tags: netgo ledger
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go version go1.12 darwin/amd64
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```
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@ -16,28 +16,6 @@ If you want to become a validator for the Hub's `mainnet`, you should [research
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You may want to skip the next section if you have already [set up a full-node](../join-mainnet.md).
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::: warning
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On Cosmos Hub mainnet, the accepted denom is `uatom`, where `1atom = 1.000.000uatom`
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:::
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### A note on gas and fees
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Transactions on the Cosmos Hub network need to include a transaction fee in order to be processed. This fee pays for the gas required to run the transaction. The formula is the following:
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```
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fees = gas * gasPrices
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```
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The `gas` is dependent on the transaction. Different transaction require different amount of `gas`. The `gas` amount for a transaction is calculated as it is being processed, but there is a way to estimate it beforehand by using the `auto` value for the `gas` flag. Of course, this only gives an estimate. You can adjust this estimate with the flag `--gas-adjustment` (default `1.0`) if you want to be sure you provide enough `gas` for the transaction.
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The `gasPrice` is the price of each unit of `gas`. Each validator sets a `min-gas-price` value, and will only include transactions that have a `gasPrice` greater than their `min-gas-price`.
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The transaction `fees` are the product of `gas` and `gasPrice`. As a user, you have to input 2 out of 3. The higher the `gasPrice`/`fees`, the higher the chance that your transaction will get included in a block.
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::: tip
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For mainnet, the recommended `gas-prices` is `0.025uatom`.
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:::
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## Create Your Validator
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Your `cosmosvalconspub` can be used to create a new validator by staking tokens. You can find your validator pubkey by running:
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