Glossary · Ledger
Transaction fee.
The ada paid to the network for including a transaction. Deterministic on Cardano.
Think of it as
Postage. Same transaction, same fee, every time. No tipping for faster delivery.
In depth
Cardano’s minimum fee is min_fee = a·size + b lovelace, where a and b are protocol parameters. Plutus transactions add a per-execution-unit cost for memory and CPU steps declared by the scripts. There is no bidding: two identical transactions always pay the same fee.
Example
A simple ada transfer of around 300 bytes costs roughly 0.17 ada in fees.