
Transaction Fees
Like most blockchains, Helium has a system of transaction fees. All transactions
in the Helium blockchain are paid in Data Credits (DCs). Data Credits are
produced via burning some amount of HNT using an on-chain transaction. And
thanks to a system called "Implicit Burn", users (typically) don't need to
manually supply DCs to pay fees. As long as the Helium wallet being used to
submit the transaction contains enough HNT to burn to DCs to fund the
transaction, the burn will happen implicitly, requiring no user intervention.
Transaction Fee Schedule
The following is a list of the current set of fees required for various
transactions, along with their details. Transaction fees are paid in Data
Credits. (Note that the cost is not shown in HNT as this number is variable
based on the current $USD/HNT price as defined by the HNT Price Oracle.)
| Fee Type | Fee Description | Cost (DC) | Cost ($USD) | 
|---|---|---|---|
| Send HNT | Transferring HNT from wallet to wallet | Variable | Variable | 
| Transferring Device Packet Data | Fee paid by device owner when sending or receiving sensor data. Metered per 24 bytes. | 1 | $.00001 | 
| Add Miner | Fee paid to add Miner to the blockchain. (Only applies to non-Helium Hotspots.) | 4000000 | $40 | 
| Assert Miner Location | Required when asserting a Gateway's location. (The first two assertions for Helium Hotspots are paid by Helium, Inc. ) | 1000000 | $10 | 
| Purchasing a blockchain OUI | Buy an OUI from the Helium blockchain | 10000000 | $100 | 
| Purchasing a blockchain Subnet | Buy a Subnet from the Helium blockchain | 10000000 | $100 | 
Calculating the DC cost for Sending HNT
As noted above, the DC cost of a Send transaction is variable. The precise
cost is based on the size of the transaction, in bytes. Once the size is
calculated, we apply a 5000x multiplier. For a typical send transaction, where
one wallet is sending to one wallet
(like this one here),
the complete transaction is made up of the following:
| Transaction Component | Component Size (Bytes) | 
|---|---|
| Payer Wallet Key | 33 | 
| Payee Wallet Key | 33 | 
| Payer Signature | 64 | 
| Nonce | 3 (approximate; ranges from 2-4) | 
| Payment Amount | 6 (approximate; ranges from 4-8) | 
- In total, this is 
139bytes. - Each 
24bytes requires one Data Credit (as is the case when you're transferring device packet data). 139/24results in6Data Credits.- We then apply our 5000x multiplier, and the result is a transaction fee
 - This results in a 
30000 Data Creditcost for the above transaction. 
Transaction Fees and Implicit Burn
The Helium blockchain uses something called implicit burn when paying fees.
Implicit Burn™
The term implicit burn was coined by Helium PM Coco "cokes" Tang, a recognized
innovator in the blockchain technology and terminology space.
Thanks to Implicit Burn™, if you have enough HNT in your wallet to pay the transaction fee, the Helium Mobile Wallet (or the Helium Wallet CLI) will calculate the DC cost of your transaction and the blockchain will automatically burn the precise amount of HNT to supply the required DCs for the transaction. For example:
- You need to send 
10 HNTfrom a Helium Wallet that contains11 HNT - The cost for this 
sendtransaction is35000 DCs - Let's assume the 
HNT/$USDOracle Price is$.35at the time you send theHNT. This means that you'll need to supply a1HNTto fund the35000 DCsfor this transaction. - When you send the 
10 HNT, the Helium Wallet automatically supplies the1 HNTto be burned intoDCs. - After the transaction is submitted and processed, your resulting Helium Wallet
balance will be 
0 HNT. 
In the above example, had you attempted to send 10.0001HNT with only. 11 HNT
in your wallet, this transaction would have failed as burning .999 HNT would
only result in 34965 DCs, a mere 35 DCs short of the 35000 required for a
send transaction.
Failed Transactions Result in No DCs Being Spent
Transactions in the Helium blockchain are atomic. In short, this means that
they either succeed entirely or they don't. So, if you attempt to send HNT from
a Helium Wallet without enough HNT to supply the required Data Credits, the
transaction will fail after being submitted to the blockchain API by your
wallet. And your HNT balance will be the same. No DCs were burned (or
harmed) in this failed transaction.