Switchboard Transaction Cost Estimates
Last updated
Last updated
When using Switchboard, users can create and update data that is stored in smart contracts on the . These actions require users to pay a small cost. Users pay transaction costs using their such as . Transaction costs on the Energy Web Chain are in . Transaction costs on the Volta Test Network on are in .
The transaction cost amount depends on what action the user is performing, and the current . Actions and their estimated associated are listed below. They are organized according to the three main domains of Switchboard: , and .
The total costs calculated below is the sum of the cost to process the metadata and the current gas cost. The costs below are approximate values per operation. The total cost can change:
Based on the user input data (e.g. number of input fields)
Based on congestion (i.e. how many transaction requests are currently in the pool to be processed), which affects gas price
Switchboard is used to , , and . These credentials are persisted on the Energy Web Chain (read more about on-chain credentials ). As such, they require transaction costs to cover their on-chain lifecycle events.
0.00031849
Revoke on-chain role
0.00016711
Create Organization
0.00077047
Create Sub-Organization
0.00077047
Create an organization-level role
0.00085867
Transfer organization ownership
0.00013159
Edit organization details
0.0001474
Delete organization
Not Available
Create application
0.00064152
Create an application-level role
0.00085867
Edit application-level role details
0.00032897
Edit application details
0.0001474
Delete application
0.00010978
Edit application role details
0.00032897
0.0002375
0.0000956
0.00010972
Accept/decline Asset offering
0.00007288
Publish role to
Switchboard is used to create and manage organizations, applications, and roles associated with them. These elements are persisted in . ٍ Each time a user creates or updates one of these entities, they must pay a small transaction cost
Switchboard is used to , and Assets. Each Asset is registered in a smart contract on the Energy Web Chain (read more about Assets as ownable smart contracts .) Each time a user interacts with these contracts for Asset management, they must pay a small transaction cost:
(offer) of Asset
to DID Document
