Jigstack Products
jWALLET
jWALLET
  • What's Jwallet
  • Landing Page
  • jWallet (Browser Extension)
    • First Access
      • Create a New Wallet
        • What's a Seed Phrase
        • Crypto security 101
      • Import or connect your wallet
        • Import Keystore file
        • Import SEED
        • Import private key
        • Qr code / Link [Wallet Connect]
          • Mobile connection
            • TIPs (Hardware wallet)
          • Connection through link
        • Hardware Wallet (coming soon)
      • Login
    • Jwallet - Home View
      • Header
      • Network
        • Add a custom Network
          • Chainlist Integration
          • Add network from an external source
            • RPCs
      • Balance
      • Assets
      • Activity
      • Accounts
    • jWallet Management Space
      • Create Account
      • Import Account
      • Support
      • Settings
        • General
        • Private Info
        • Advanced
        • Contacts
        • Networks
          • Modify existing Networks
    • Account Board
      • Name selection + QR code
      • Export Private Key
      • Copy address
      • View Address on Block explorer
      • Delete Account
      • Manage dApp Connected
    • BUY
      • What is Wyre
    • Send
    • Santa Gifting (Coming Soon)
    • Assets / Tokens
      • Add custom Tokens
    • Activities (transactions)
    • Swap & Bridge (S&B)
      • Choose Token and Chain
      • Advanced Option
        • Gas fees
          • Network Incentives
          • Costs
          • Penalties
          • Gas Price
        • Slippage
        • Bridge Prioritization
        • Bridges
        • Exchanges
        • Infinite approval
        • Receiver Address
      • S&B by Qr code wallet
      • Swap&Bridge WebApp
  • Terms of use (TBA)
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On this page
  1. jWallet (Browser Extension)
  2. Swap & Bridge (S&B)
  3. Advanced Option
  4. Gas fees

Costs

Regardless of the consensus algorithm, validating transactions on a blockchain network isn’t free. Costs include specialized computer equipment and the electricity consumed by that equipment, as well as the financial stake locked away by validators operating these machines.

To become a validator on the new proof-of-stake-based Ethereum 2.0 blockchain, individuals must stake a minimum of 32 ETH.

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Last updated 2 years ago