Transaction Fee calculation #3630
juliancabmar
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Hi, If you are like me what lose my time in details....in the video (01:00:28) he calculate the fee based on the Gas price and the Gas Usage by Txn (Transaction Fee = Gas price * Gas Usage by Txn). But form the London Upgrade of August 2021, the formula change; the actual formula is: Transaction Fee = (Block Base Fee + Max Priotity) * Gas Usage by Txn
I wish this will be useful for somebody.
Reference: https://ethereum.org/en/developers/docs/gas/
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