Just wanted to ask about transaction fee , Im lil bit confused
So, yea transaction fee "to make the transaction priority high / normal / slow, the higher fee the higher priority"
The question , Is those fees are from my balance? Will my balance get decreased based on the fee?
For example, i only got $1 left in my wallet, then i will send $1 to my friend. But there is fee for about "0.50 cents" , Is that mean i wont be able to send whole $1 but i can only send 0.50 cents to him ?
Concepts:Total Balance: $1
Transaction Fee: $0.50
Total Balance to be sent: $0.50 only instead of $1
Is that the transaction fee means ?