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:
name of the smart contract.
method/function of the smart contract you want to execute.
arguments to provide to the smart contract.
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 sufficient TAU balance then your Tx will either fail to be accepted by the network or fail during execution.