This is the first of many developer tools we'll be shipping over the course of the next couple weeks.
2/ We created CWSimulate to solve a number of issues we encountered while working with @CosmWasm.
In particular, uploading and debugging contracts was very frustrating and complicated - especially for newcomers.
Oct 12, 2021 • 12 tweets • 4 min read
HOW GAS ON TERRA WORKS (short🧵)
1/ If you're coming from @ethereum, you may be tempted to think that gas on @terra_money works the exact same. Unfortunately, this assumption will likely throw you off guard as there are a couple key differences between the two platforms.
2/ FEE STRUCTURE
All transactions on Terra must include a fee to compensate the validator that spends computing resources to include it in a block. Fees on Terra can be broken down into 2 parts:
1. tax (aka. "stability fee"), on all coin transfers 2. "gas" (compute resource)