Blockchain transactions are the fundamental building blocks of a blockchain network. They involve the transfer of digital assets or information from one participant to another within the blockchain system. Transactions are recorded in blocks and linked together through cryptographic hashes, creating an immutable and transparent ledger. In Kyoto, each transaction requires a fee paid in Kyoto's native token to prevent spam attacks. The distribution of rewards is managed by the Distribution Wallet Manager, which can be upgraded by the governance without a hardfork.
Kyoto's blockchain average block processing time is ~3 seconds.