Gas Fee & Transactions Speed

GAYA implements a dynamic gas fee mechanism inspired by Ethereum’s EIP-1559 to ensure affordability and network efficiency.

1. Dynamic Pricing: Gas fees are recalculated per block based on network congestion, ensuring efficient resource allocation during peak periods.

2. Base Fee + Tip Model: Fees are calculated as:

Total Gas Fee = (Base Fee+Tip) × Gas Used

• Base Fee: Dynamically adjusted per block based on demand.

• Tip: Optional additional fee users can include to prioritize their transactions.

Example Calculation:

• Base Fee = 0.004 GayaCoins

• Tip = 0.001 GayaCoins

• Gas Used = 21,000

Total Gas Fee = (0.004 + 0.001) × 21,000 = 0.105 GayaCoins

GAYA’s blockchain architecture is designed for high throughput and low latency, ensuring optimal performance under varying network loads.

1. Transactions Per Second (TPS): GAYA supports up to 3,500 TPS in its initial deployment, with the capability to scale further using sharding and modular upgrades.

2. Consensus Finality: Blocks achieve finality in 3-5 seconds, minimizing latency and providing users with rapid transaction confirmations.

3. Optimized Throughput: Advanced techniques like adaptive block sizing and parallel transaction processing enable sustained performance even during high demand.