All standard and seed transactions incur a 0.25% fee. This fee is split evenly among the verifier of the transaction's block and the verifiers of the previous nine blocks. For blocks before block 9, the fee is split evenly among the verifier of the transaction's block and all previous blocks. Transaction fees that cannot be divided evenly are rounded down to the nearest micronyzo, and the remainder is rolled over to the next block.
In version 1 and later of the blockchain, 1% of organic (standard) transaction fees (0.0025% of organic transaction
amounts) is transferred to the cycle account (address
Outgoing cycle transactions are not charged a transaction fee. Cycle transactions are likely to be relatively large, and charging a fee on these transactions would provide an inappropriate incentive to place cycle transactions on particular blocks to allow particular verifiers to collect the fees.
In blockchain version 0, every account except
In blockchain version 1, the maintenance fee was adjusted to µ100 every 500 blocks, but the amount was only charged to accounts less than ∩1.
In blockchain version 2, a coding error eliminated maintenance fees entirely. This mistake was corrected in Nyzo verifier version 580, restoring the fee structure from blockchain version 1 for blockchain versions 3 and greater.