Version: Next

What is a transaction on the Lamden Network?

All transactions on the Lamden Network are smart contract transactions.

When you create a transaction you are specifying:

  • The name of the smart contract.
  • the method/function of the smart contract you want to execute.
  • The arguments to provide to the smart contract.

Prerequisites

Stamps

Transactions on the Lamden Network are paid for in "Stamps". Stamps are converted to TAU in the system and deducted from your wallet balance. If you do not have a sufficent TAU balance then your Tx will either fail to be accepted by the network or fail during execution.