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 sufficient TAU balance then your Tx will either fail to be accepted by the network or fail during execution.