Cryptocurrency Q&A
Is Solana network free?
Is Solana network free?
Martino
Tue Dec 10 2024
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6 answers
1190
I'm wondering if the Solana network is free to use. I've heard about different blockchain networks charging fees, so I'm curious if there are any costs associated with using Solana specifically.
6 answers
KDramaLegendaryStarlight
Thu Dec 12 2024
This rent deposit is held in an account specifically for storing data on the blockchain.
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Nicola
Thu Dec 12 2024
On the Solana network, transaction fees are incurred to process instructions.
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MysticInfinity
Thu Dec 12 2024
In addition to transaction fees, a rent deposit is also required.
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SkylitEnchantment
Wed Dec 11 2024
The purpose of the rent deposit is to ensure that valuable space on the blockchain is not wasted.
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AmethystEcho
Wed Dec 11 2024
The rent deposit is reclaimable, meaning that it can be retrieved by the account holder.
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