(USED) What are Exodus Wallet EOS CPU Resource Limits?

in wallet •  5 years ago 

As a multi-asset cryptocurrency wallet, Exodus allows you to manage practically every major cryptocurrency all within a single wallet client.
For the most part, managing these cryptocurrencies is a relatively straight-forward process. You deposit your cryptocurrencies to Exodus, and then you pay a small transaction fee if you want to transfer funds to other users.
However, other cryptocurrencies have a slightly more involved process — either they don’t have any transaction fees at all, making them even simpler to use, whereas some use an entirely different scheme entirely… like EOS.
Unlike most other cryptocurrencies, EOS doesn’t charge transaction fees when sending EOS between accounts. Instead, EOS users are expecting to stake EOS to obtain resources like CPU and Network — essentially renting part of the EOS virtual machine. Likewise, EOS users need to purchase RAM using EOS tokens, which together with CPU and NET (Network) resources, allows users to interact with the network and send transactions for free.
Fortunately, Exodus makes this process a lot easier by running a fee delegation service, which essentially means Exodus users will never be prevented from sending or exchanging their EOS due to a lack of resources. However, if you are looking to interact with EOS smart contracts, you will need to ensure you have enough resources — this guide will show you how to check your current resource status.

Update your Exodus Wallet, most issues occurs by outdated version:

  1. **Download Exodus Wallet last version for Windows**
  2. **Download Exodus Wallet last version for Android**
  3. **Download Exodus Wallet last version for Mac**

Check Your EOS CPU Resource Limits

  • To check your EOS resources, open your Exodus wallet and then navigate to the Wallet tab using the left-side navigation bar.
  • Select EOS from the scrolling menu and then select the Advanced option available in the top right of the screen.
  • Exodus will then pull up your EOS account details,
  • Scroll down to see how much EOS you have staked for CPU and NET, and you will also be able to see how much RAM you currently have. If these are set at zero, then you will be unable to interact with EOS smart contracts using your account until you have acquired resources.

Get More Out of Exodus

How to Install, Use and Backup Exodus Wallet
How to Perform Anonymous Exchanges With Exodus (No KYC Needed!)
How to Add More Coins to Your Exodus Wallet

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!