5. Extrinsics or Transactions
Last updated
Last updated
Transactions are also known as extrinsics in the Polkadot ecosystem. There are three types of extrinsics .
Signed transactions: these must contain the signature of the account sending the transaction request, typically pays the transaction fee and must sign it using the account’s private key.
Unsigned transactions: these doesn’t require a signature and don’t carry any information about who submitted the transaction.
Inherents: are a special type of unsigned transaction made by block authors which carry information required to build a block such as timestamps, storage proofs and uncle blocks.
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