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.
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