Lido Minute
Season 1
How Cardano Prices Smart Contract Work: Price_Step
Most Smart Contracts Aren’t On-Chain: Price_mem
by 2 Lovelaces & Lido Nation
Every smart contract action has a defined computational cost. Learn how price_step works with the Plutus cost model to price processing power and protect the network from abuse.
Wait… what? On Cardano, most of the logic behind “smart contracts” actually runs off-chain. Let's learn about price_mem , the parameter that prices working memory, and see how smaller on-chain scripts lead to predictable fees, better performance, and smarter design.
Ever notice your wallet asking for more ADA than the actual transaction fee? You’re not actually being charged extra.... so what is it? In this episode, let's check out collateral_percent, the parameter that requires temporary ADA “insurance” for smart contract transactions. It’s not a penalty. It’s protection, and it helps keep Cardano secure and spam-resistant.