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description:Light clients enable secure and efficient blockchain interaction without running a full node. Learn everything you need to know about light clients on Polkadot.
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description:Light clients enable secure and efficient blockchain interaction without running a full node. Learn everything you need to know about light clients on Polkadot.
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# Light Clients
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Historically, obtaining core slots on Polkadot chain relied upon crowdloans and auctions. Chain cores were leased through auctions for three-month periods, up to a maximum of two years. Crowdloans enabled users to securely lend funds to teams for lease deposits in exchange for pre-sale tokens, which is the only way to access slots on Polkadot 1.0. Auctions are now deprecated in favor of [coretime](/polkadot-protocol/architecture/system-chains/coretime/){target=\_blank}.
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Additionally, the chain handles [staking](https://wiki.polkadot.network/learn/learn-staking/){target=\_blank}, [accounts](/polkadot-protocol/basics/accounts/){target=\_blank}, balances, and [governance](/polkadot-protocol/onchain-governance/){target=\_blank}.
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Additionally, the chain handles [staking](https://wiki.polkadot.network/learn/learn-staking/){target=\_blank}, [accounts](/polkadot-protocol/parachain-basics/accounts/){target=\_blank}, balances, and [governance](/polkadot-protocol/onchain-governance/){target=\_blank}.
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#### Agile Coretime
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Some of the weight allowed for a block is consumed as part of the block's initialization and finalization. The weight might also be used to execute mandatory inherent extrinsic calls. To help ensure blocks don’t consume too much execution time and prevent malicious users from overloading the system with unnecessary calls, weights are combined with transaction fees.
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[Transaction fees](/polkadot-protocol/basics/blocks-transactions-fees/transactions/#transaction-fees){target=\_blank} provide an economic incentive to limit execution time, computation, and the number of calls required to perform operations. Transaction fees are also used to make the blockchain economically sustainable because they are typically applied to transactions initiated by users and deducted before a transaction request is executed.
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[Transaction fees](/polkadot-protocol/parachain-basics/blocks-transactions-fees/transactions/#transaction-fees){target=\_blank} provide an economic incentive to limit execution time, computation, and the number of calls required to perform operations. Transaction fees are also used to make the blockchain economically sustainable because they are typically applied to transactions initiated by users and deducted before a transaction request is executed.
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## How Fees are Calculated
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## Understand Metadata
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Polkadot SDK-based blockchain networks are designed to expose their runtime information, allowing developers to learn granular details regarding pallets, RPC calls, and runtime APIs. The metadata also exposes their related documentation. The chain's metadata is [SCALE-encoded](/polkadot-protocol/basics/data-encoding/){target=\_blank}, allowing for the development of browser-based, mobile, or desktop applications to support the chain's runtime upgrades seamlessly. It is also possible to develop applications compatible with multiple Polkadot SDK-based chains simultaneously.
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Polkadot SDK-based blockchain networks are designed to expose their runtime information, allowing developers to learn granular details regarding pallets, RPC calls, and runtime APIs. The metadata also exposes their related documentation. The chain's metadata is [SCALE-encoded](/polkadot-protocol/parachain-basics/data-encoding/){target=\_blank}, allowing for the development of browser-based, mobile, or desktop applications to support the chain's runtime upgrades seamlessly. It is also possible to develop applications compatible with multiple Polkadot SDK-based chains simultaneously.
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## Expose Runtime Information as Metadata
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title: Blocks, Transactions and Fees for Asset Hub Smart Contracts
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title: Transactions and Fees on Asset Hub
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description: Explore how Asset Hub smart contracts handle blocks, transactions, and fees with EVM compatibility, supporting various Ethereum transaction types.
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Historically, obtaining core slots on Polkadot chain relied upon crowdloans and auctions. Chain cores were leased through auctions for three-month periods, up to a maximum of two years. Crowdloans enabled users to securely lend funds to teams for lease deposits in exchange for pre-sale tokens, which is the only way to access slots on Polkadot 1.0. Auctions are now deprecated in favor of [coretime](/polkadot-protocol/architecture/system-chains/coretime/){target=\_blank}.
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Additionally, the chain handles [staking](https://wiki.polkadot.network/learn/learn-staking/){target=\_blank}, [accounts](/polkadot-protocol/basics/accounts/){target=\_blank}, balances, and [governance](/polkadot-protocol/onchain-governance/){target=\_blank}.
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Additionally, the chain handles [staking](https://wiki.polkadot.network/learn/learn-staking/){target=\_blank}, [accounts](/polkadot-protocol/parachain-basics/accounts/){target=\_blank}, balances, and [governance](/polkadot-protocol/onchain-governance/){target=\_blank}.
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Some of the weight allowed for a block is consumed as part of the block's initialization and finalization. The weight might also be used to execute mandatory inherent extrinsic calls. To help ensure blocks don’t consume too much execution time and prevent malicious users from overloading the system with unnecessary calls, weights are combined with transaction fees.
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[Transaction fees](/polkadot-protocol/basics/blocks-transactions-fees/transactions/#transaction-fees){target=\_blank} provide an economic incentive to limit execution time, computation, and the number of calls required to perform operations. Transaction fees are also used to make the blockchain economically sustainable because they are typically applied to transactions initiated by users and deducted before a transaction request is executed.
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[Transaction fees](/polkadot-protocol/parachain-basics/blocks-transactions-fees/transactions/#transaction-fees){target=\_blank} provide an economic incentive to limit execution time, computation, and the number of calls required to perform operations. Transaction fees are also used to make the blockchain economically sustainable because they are typically applied to transactions initiated by users and deducted before a transaction request is executed.
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## Understand Metadata
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Polkadot SDK-based blockchain networks are designed to expose their runtime information, allowing developers to learn granular details regarding pallets, RPC calls, and runtime APIs. The metadata also exposes their related documentation. The chain's metadata is [SCALE-encoded](/polkadot-protocol/basics/data-encoding/){target=\_blank}, allowing for the development of browser-based, mobile, or desktop applications to support the chain's runtime upgrades seamlessly. It is also possible to develop applications compatible with multiple Polkadot SDK-based chains simultaneously.
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Polkadot SDK-based blockchain networks are designed to expose their runtime information, allowing developers to learn granular details regarding pallets, RPC calls, and runtime APIs. The metadata also exposes their related documentation. The chain's metadata is [SCALE-encoded](/polkadot-protocol/parachain-basics/data-encoding/){target=\_blank}, allowing for the development of browser-based, mobile, or desktop applications to support the chain's runtime upgrades seamlessly. It is also possible to develop applications compatible with multiple Polkadot SDK-based chains simultaneously.
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