Secret Network
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  • 👋INTRODUCTION
    • Secret Network Introduction
    • Secret Network Techstack
      • Private transactions - A quick summary
      • Blockchain Technology
        • Cosmos Basics
        • Tendermint
        • Cosmos SDK
        • IBC
        • CosmWasm
      • Privacy Technology
        • Encryption - Key Management
          • Overview
          • Key Derivation & Encryption Techniques
          • The Initialization Of Secret Network
          • Full Node Boostrap
          • Contract State Encryption
          • Transaction Encryption
          • Consensus seed rotation
        • Trusted Execution Environments  (TEE) —  Intel SGX
          • How Secret Network Uses SGX
          • SGX-SPS Security & Reliabillity
          • Remote Attestation
          • Trusted & Untrusted Core
          • Sealing
        • Private smart contracts - overview
  • 💻Development
    • 🏠Getting Started
      • Setting Up Your Environment
        • Cargo.toml Best Practices (Crates vs Dependencies)
      • Compile and Deploy
      • Running the Application
      • Compile and Deploy on Secret testnet (best for Javascript devs)
      • Fullstack dApp Integration
    • 🤓Secret Contracts
      • Secret Contracts & CosmWasm
        • Framework overview
        • Secret Contract Components
          • Instantiation Message
          • Execution Message
          • Query Message
          • Deps/DepsMut
          • Storage
            • Prefixed Storage
            • Singleton
            • Keymap
            • Append Store
            • Best practices
        • CosmWasm vs Secret CosmWasm
      • Secret Tokens (SNIP-20)
      • Contract - module call
      • Secret contract - Design Space/Features
        • Secret Contracts introduction
        • Gas/Fee usage
        • TPS and scalability
        • Privacy Essentials
        • Access Control
          • Viewing Keys
          • Permits
        • Trusted and untrusted data
        • Secret-VRF - on-chain Randomness
        • Privacy design
          • Mitigate privacy risks - full guide
          • Gas Evaporation & Tracking
        • Confidential Computing Layer
        • Fiat/Crypto Onboarding
        • Account abstraction
        • Fee abstraction
        • Wallet support
        • Bridge (messaging/tokens)
        • IBC (Hooks, PFM, Wasm)
        • Price Oracles
        • Auto Restaking
      • Permissioned Viewing
        • Viewing Keys
        • Permits
      • Cross Contract Communication
      • Submessages
        • get_contract_code_hash
      • Randomness API - Secret VRF
        • Native On-chain randomness
        • Randomness over IBC
      • Execution Finalization
      • Factory Contracts
      • Contract Migration
        • Manual - < v1.11
        • Native - from v1.11
      • Cross-deploy Vanilla CW and Secret Contracts
      • Testing Secret Contracts
        • Unit Tests
        • Continuous Integration
        • Datatype Handling - Uint, floats etc.
    • 👀Secret Contract - Reference, Guides, Examples
      • Starter guide - Millionaire's Problem
      • Reference Contracts
      • Open source dApps
      • Tools & Libraries
        • Network interaction SDKs
          • Secret.js (JavaScript)
          • SecretPy (Python)
          • SecretK (Kotlin)
          • Secret.NET
            • Snippets
              • Deploying a Contract
              • Send Native Coin
              • Query a Contract
              • Create a new Wallet
              • Permits
              • SNIP20
              • SNIP721
          • Shade.Js
        • LocalSecret - Devnet docker
        • Smart contract - Tools/Utils
          • Secret Toolkit
          • CW-Plus
          • Fadroma - SC framework
          • Hidden Gems
          • Other
            • Secret IDE
            • Polar
    • 🖼️Frontend Development
      • Getting Started with SecretJS
        • Usage Examples
          • Sending Queries
          • Sending Messages
          • Contract Migration
          • Wallet Integrations
          • Query Permits
          • SNIP20 (SCRT Tokens)
          • SNIP721 (Secret NFTs)
      • Feegrant
        • Understanding Feegrant allowances
        • Grant allowances
        • Using grant allowances to execute transactions
        • Using the Fee Grant Faucet
    • 📬Deployment Addresses/ API Endpoints
      • Secret (SNIP 20) token contracts list
        • SNIP Asset naming guidelines
      • Connecting to the Network
        • API Endpoints Mainnet (Secret-4)
        • API Endpoints Testnet (Pulsar-3)
        • Usage examples
        • Comparison of endpoint types
      • Create your own SNIP-25 IBC Token
  • Secret AI
    • 🤝Introduction
    • 🏗️Architecture
    • 👩‍💻Secret AI SDK
      • Setting Up Your Environment
      • Running the Application
    • 🪙Economics
    • Smart Contract Reference
      • SubscriptionManager
      • WorkerManager
      • RewardsManager
  • 🌐SecretVM - Confidential Virtual Machines
    • 🤝Introduction
    • 🏗️Architecture
    • ☑️Attestation
      • What is Attestation
      • Obtaining Attestation Data
      • Attestation Report - Key Fields
      • Chain of Trust
    • 🏁Launching a SecretVM
    • 🛠️Managing SecretVM Lifecycle
    • ✅Verifying a SecretVM
      • 🐢Full Verification
      • 🐰Quick Verification
    • 💡Best Practices for Developers
    • 📖Glossary
  • 🔓Confidential Computing Layer
    • 🧑‍🚀IBC Developer Toolkit
      • Basics
        • Overview
        • Cross-chain Messaging with IBC Hooks
          • Functions, Methods, and Data Structures
          • Typescript SDK
          • IBC-Hooks
        • IBC Relaying with Go Relayer
      • Usecases
        • Storing Encrypted Data on Secret Network
          • Key-Value store Developer Tutorial
        • Secret VRF for IBC with IBC-Hooks
        • Confidential Voting
        • Sealed Bid Auctions
      • Supported Networks
        • Mainnet
        • Testnet
    • 🤝Ethereum (EVM) Developer Toolkit
      • Basics
        • Overview
        • Connecting Metamask to Secret Network
        • SecretPath + Reown integration
        • Cross-chain Messaging
          • SecretPath
            • Architecture Overview
            • Detailed Architecture
            • SecretPath Developer Tutorials
            • Public EVM Gateway Architecture
            • How to deploy SecretPath on your chain
          • Axelar GMP
            • Architecture Overview
            • Axelar GMP Developer Tutorial
      • Usecases
        • Storing Encrypted Data on Secret Network
          • Key-Value store Developer Tutorial
        • Sealed Bid Auction
          • Sealed Bid Auction Developer Tutorial
        • Confidential Voting
          • Confidential Voting Developer Tutorial with SecretPath
        • VRF
          • Implementing VRF into any EVM Contract
          • VRF Developer Tutorial
          • Performance figures of SecretVRF vs competitors
          • Using encrypted payloads for VRF
          • Converting from Chainlink VRF to Secret VRF in four steps
        • Confidential Document Sharing
        • Tokens
          • From EVM to Secret
      • Supported Networks
        • EVM
          • EVM Mainnet
          • EVM Testnet
          • Gateway Contract ABI
        • Secret Gateway
          • SecretPath mainnet (secret-4) contracts
          • SecretPath testnet (pulsar-3) contracts
    • 🙌Solana Developer Toolkit
      • Usecases
        • Storing Encrypted Data on Secret Network
          • Key-value Store Developer Tutorial
        • VRF
          • VRF Developer Tutorial
      • Program IDs
        • Solana Mainnet & Testnet
        • Gateway Contract IDL
  • 🤫Overview, Ecosystem and Technology
    • 🚀Secret Network Overview
      • The SCRT coin
      • Private Tokens
      • Use Cases
        • Decentralized Finance (DeFi)
        • Art And Digital Media
        • Gaming
        • Data Privacy
        • Payments And Transactions
        • Communication
      • The technology
      • History
      • Roadmap (Core development)
        • Secret 2.0
      • Where To Buy SCRT?
      • Using the Testnet
    • 🐸Ecosystem Overview
      • Wallets
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      • Funding
        • SCRT Labs Grants
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        • Validators
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          • Support
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      • Secret Network Dictionary
  • 🔧Infrastructure
    • 🔓Use SecretCLI
      • Secretcli vs. Secretd
      • Install
      • Configuration
      • Address Types
      • Key Types
      • Generating Keys
      • Viewing Keys
      • Query Transactions
      • Send Tokens
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      • Transaction Broadcasting
      • Fees & Gas
      • Fee Distribution
      • Secret Contracts
      • Slashing
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      • Restake
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        • Creating Governance Proposals
        • Query Proposals
        • Deposits
        • Voting
    • 🔐Use Ledger hardware wallet
      • 🔐Ledger with SecretCLI
    • 🖥️Running a node/validator
      • Setting up a node/validator
        • Hardware setup
          • Hardware Compliance
          • VPS/Bare-Metal Compliance
            • Leaseweb Setup
            • PhoenixNAP Setup
            • Psychz Setup
            • nForce Setup
            • Vultr Setup
            • OVHCloud Setup
            • Microsoft Azure Setup
          • Patching your Node
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          • Registration troubleshooting
        • Testnet Setup
          • Install SGX
          • Install secretd
          • Setup Full Node
          • Testnet State Sync
          • Becoming a Testnet Validator
          • Installing CLI & Creating A New Address
        • Mainnet Setup
          • Install SGX
          • Install secretd
          • Setup Full Node
          • Quicksync / Snapshot
          • Statesync
          • Becoming A Validator
          • Installing CLI & Creating A New Address
      • Maintaining a node/validator
        • Slashing information
        • Migrating a Validator
        • Troubleshooting
        • Validator Backup
        • Server security
          • SSH authentication
          • Server configuration
          • Uncomplicated-Firewall (UFW)
          • Local CLI
        • Node Monitoring
          • Prometheus
            • Environment Preperation
            • Install Node Exporter
            • Install Prometheus
            • Configuring Prometheus
          • Grafana
            • Install Grafana
            • Grafana Dashboard
            • Next Steps
          • Docker
            • Install Docker
            • Configuration
            • Start Containers
            • Grafana Dashboard
            • Application Ports
            • Stop Containers
          • Goaccess
            • Install Goaccess
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        • Helpful commands
          • Query Validators
          • Bond Tokens
          • Withdraw Rewards
          • Query Delegations
          • Unbond Tokens
          • Query Unbonding-Delegations
          • Redelegate Tokens
          • Query Redelegations
          • Query Parameters
          • Query Pool
          • Query Delegations To Validator
      • API Noderunning
        • Running Multiple Nodes on the Same Server
        • Node Loadbalancing using Nginx
          • Setup Nginx
          • Example Nginx config
        • Using Auto heal to improve cluster uptime for Nginx
      • Sentry and Archive nodes
        • Mantlemint
        • Sentry Nodes
        • Archive Nodes
    • ⛓️IBC Relayers
      • Hermes
      • RLY
      • IBC channel database
    • 🆙Upgrade Instructions
      • v1.13
      • v1.12
      • v1.11
      • v1.10
      • v1.9
      • v1.8
      • v1.7
      • Shockwave Omega v1.6
      • v1.5
      • Shockwave Delta v1.4
      • Shockwave Delta v1.4 (Testnet)
      • Shockwave Alpha v1.3
      • Cosmovisor
      • Vulcan Network Upgrade (OLD)
    • ☠️Postmortems
      • SNIP-20 leaks
      • xApic
      • Secpk-Verifications Bloat
      • Earn Contract Exploit
      • Testnet Halt 95
    • ✍️Contribute to the documentation
      • Report Bugs
      • Suggest Enhancements
      • First Contribution Guide
      • Pull Request Templates
        • Update Documentation
        • Bug Fix
        • Improve Performance
        • Change Functionality
      • Style Guide
    • 🌊Versioning & Changelog
      • Secret Network v1.13
      • Secret Network v1.12
      • Secret Network v1.11
      • Secret Network v1.10
      • Secret network v1.9
      • Secret Network v1.7/1.8
      • Secret Network v1.6
      • Secret Network v1.5
      • Secret Network v1.4 (CosmWasm 1.0)
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On this page
  • Transaction priority and fee market
  • Gas and the Gas fee
  • Fee calculation + execution time
  • FeeGrant

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  1. Development
  2. Secret Contracts
  3. Secret contract - Design Space/Features

Gas/Fee usage

PreviousSecret Contracts introductionNextTPS and scalability

Last updated 1 year ago

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Transaction priority and fee market

Secret network uses Tendermint as a consensus engine combined with the Cosmos SDK, as such it has a relatively high throughput and the possibility for easy horizontal scalability. Because of this, there is no fee market on Secret Network, which means there is no fee-based prioritization built into the standard tendermint binary required to run Secret. Using a higher transaction fee will only increase the number of block signers (validators) that are willing to process your transaction. This might speed up finality but does not prioritize your transaction in the cue.

Gas and the Gas fee

The fee a user pays for a transaction is based on two things: the computational resources/block space that is used and the fee that validators ask for these resources. These two elements are called gas and the gas fee.

The gas required for the computation is determined by the smart contract engine. The current gas estimates per type of contract interaction are listed (for SDK components) and (for enclave components). More complex transactions will consume more gas.

The gas fee is determined by validators themselves as a parameter in their node service. The min_gas_fee parameter allows validators to set a minimum fee denominated in uSCRT . If a transaction has a lower allocated fee, they will not add it to blocks they propose. Validators propose blocks based on random selection following their Voting power. The min_gas_fee for each block is dependent on the proposing validator. If blocks become too full or an attacker spams the network, the validators can increase their fee. Secret validators run three tiers of fee's; this choice is up to the validator. Overall, we can assume more than 40% of validators support the "low" fee option, meaning pushing a TX with the low fee often gets processed within a few blocks. Pushing a TX with the "High" fee will increase the chance that the next block can fit your transaction. These TXs are therefore considered "faster". The current recommended fee options are listed in the

Fee calculation + execution time

Now let's assume we execute a swap for a single Dex pool. We can expect this to take roughly 150000 Gas . Executing this at the "low" fee option, we will pay 0.0125 uSCRT for each Gasunit used. The total fee for this transaction then becomes: 150000 * 0.0125 = 1.875 uSCRT = 1.875/1000000 = 0.001875 SCRT. At 40% voting power supporting a min_gas_fee of 0.0125 uSCRT we can expect this transaction to be finalized after 4 blocks ( 4*6s = 24s) with a 97.5% certainty [1- (40%**4) = 0,9744].

FeeGrant

Secret also allows for Gas abstraction for users by leveraging the CosmosSDK . This module allows one to submit transactions where a different wallet is paying the gas fees as long as they granted you a budget to do that.

Documentation to create Feegrant functionality in your UI are . This tool is widely used in different Secret UIs (for ex: ) and there is a community run FeeGrant faucet available for dApps to use. - -

💻
🤓
here
here
Cosmos chain registry.
FeeGrant module
here
Secret dashboard
Faucet
Code