Fee Structure

Business Alliance Coin

The fee structure on the MATCHAIN blockchain is distinct from traditional systems, incorporating unique approaches based on Ethereum and OP Stack technology. Users are required to pay a fee to submit transactions on the Match network. Understanding this fee structure is crucial as it diverges from the conventional methods seen in Ethereum and other blockchain platforms.

At its core, each transaction on the MATCHAIN network is calculated using gas, which depends on the computational effort required. The transaction fee is determined by the amount of gas consumed multiplied by the price per unit of gas. This approach is similar to the Ethereum-typical fee calculation and is facilitated by the OP Stack's compatibility, enabling seamless integration.

A distinctive feature of the BAC network is its approach to the distribution of transaction fees. Specifically, 25% of the fees generated are collected, with a significant portion, 70%, earmarked for "Party" dividends aimed at enhancing community engagement, and the remaining 30% dedicated to being burned. This mechanism not only ensures a balanced and efficient network operation but also fosters a strong sense of community by reallocating a part of the fees towards initiatives that benefit the entire ecosystem.