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Metamask: Why you don’t need to pay for gas by checking your wallet
When it comes to using cryptocurrency wallets, one of the most annoying aspects is the fee that can be charged when checking your wallet balance or transaction history. Many users assume that this includes paying the gas fees associated with requesting their account address on a blockchain platform such as Ethereum. However, this is not quite the case. In fact, Metamask has implemented a feature that makes users’ access to their wallet balances more convenient and economical, without charging excessive fees.
Problem: Gas Fee
When you use your cryptocurrency wallet to request its balance or transaction history, the blockchain network requires a gas fee to complete the transaction. This is known as a “transaction fee” or “gas fee”. The more complicated and longer the operation, the higher the gas fee.
However, not all actions require payment for gas. For example, checking your wallet balance, which only involves extracting information from the blockchain database, does not incur any gas fees. In fact, Metamask has optimized its code to ensure that users pay the minimum possible amount of gas required for these operations.
Solution: optimized query functionality
Metamask optimization is based on a new query function called “Query” and “GetBalance”. The “GetBalance” function allows you to restore the balance of your wallet without any gas fees. This function uses the second approach, which eliminates the need to charge a transaction fee, which makes it more efficient.
To access your wallet balance with Metamask, simply enter your address into the “GetBalance” or “Query” function on their website and you can view your current account balance without paying any gas fees. It is incredibly convenient and cost-effective, especially for active users who have to check their wallets several times a day.
Why couldn’t you charge yourself
Although Metamask has optimized the request functionality to minimize gas fees, you may still pay some gas fees for other transactions or activities. For example, if you use your wallet to transfer tokens or assets, you will most likely incur gas costs even when checking your balance.
In these cases, users would be charged a blockchain transaction fee. However, thanks to Metamask’s optimized request feature, you can now access your wallet balances without additional gas fees.
Conclusion
Metamask’s optimization of request functionality allowed you to check your wallet balance and get information from your account address without paying excessive gas fees. This feature will be a significant improvement for regular users who want to control their cryptocurrency accounts without emptying their wallet.