Network Fees. Network fees are paid by a Client in exchange for the Hedera Network processing the Client’s transactions into consensus (i.e., placing each transaction in the correct place with respect to the chronological order of all transactions on the Hedera Network) (“Network Fees”). Network Fees are calculated largely based on a transaction’s size, with such amount set by the Council. Fees may be divided among a Hedera Treasury Account (0.0.98), the User Staking Rewards Account (0.0.800) and the Node Rewards Account (0.0.801) in a manner prescribed by the Hedera Council.
Appears in 15 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
