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Babel Fees Overview

An update on Babel Fees is just out, one of the improvements which will be coming to Cardano in the not too distant future. Babel Fees are a novel mechanism that allows the payment of transaction fees in user-defined tokens on Cardano.

In this video Polina Vinogradova, IOG’s research engineer walks us through an overview of Babel Fees and what this new feature promises.

This is a truly novel capability that has potential to give Cardano a serious competitive advantage against rival blockchains. We will share more news as it becomes available.