Terenval Crypto Glossary · Русская версия

Fee estimation

Definition: Fee estimation is the process of predicting a network fee or fee rate likely to achieve a desired transaction inclusion speed under current conditions.

Bitcoin estimation considers mempool competition and transaction size; Ethereum-style estimation considers gas usage and current fee-market parameters.

How this concept appears in Terenval Wallet

Terenval fee displays are estimates based on network conditions and transaction characteristics rather than guaranteed prices or confirmation times.

Important: Network conditions can change after signing, so an estimate can become stale.

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