Core Insights - The article emphasizes the importance of understanding the transaction process and fee mechanisms in blockchain wallets for new users, highlighting common issues such as transfer delays and high fees [1][6]. Transaction Process - The transaction process in blockchain wallets consists of four main steps: signing, broadcasting, confirmation, and recording, ensuring security and trust through the blockchain network [3]. - The first step involves initiating a transaction where the user inputs the recipient's address and amount, followed by signing the transaction with a private key to create a unique digital signature [3]. - The second step is broadcasting the signed transaction to the blockchain network, where nodes verify the signature and temporarily store the transaction in a "transaction pool" [3]. - The third step involves miners or validators selecting transactions from the pool to package into a new block, with the transaction being recorded on the blockchain once confirmed [3]. - The final step is the transaction completion, where the recipient's wallet reflects the received amount, and users can track transaction details via a unique transaction hash [4]. Transaction Fees - Transaction fees, also known as Gas fees, are payments made to miners or validators to incentivize them to process transactions and maintain network operations [4]. - The fee calculation varies by blockchain, with Ethereum using a model of "base fee + variable fee," where the fee is determined by Gas price and limit [4]. - Factors influencing fee levels include network congestion, where higher fees may be required during peak times, and transaction complexity, with more complex operations incurring higher fees [5]. Tips for New Users - New users can optimize their transaction experience by setting reasonable fees, choosing appropriate times to transact, and carefully verifying transaction details to avoid errors [5]. - Users are advised to select fee options based on urgency and to avoid peak congestion periods to minimize costs and enhance transaction speed [5]. Future Outlook - The article suggests that advancements in technologies such as Layer 2 scaling solutions and zero-knowledge proofs may lead to reduced transaction fees and improved transfer speeds in the future [6].