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I am trying to estimate the fees for a transaction call using the Tezos.estimate.transfer() function but it is asking to initialize a signer. Is it possible to make an estimate call without a signer or private key?

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  • Does this answer your question? How does tezos-client compute a transaction fee?
    – utdrmac
    Nov 12, 2020 at 14:21
  • @utdrmac not exactly, I know the rpc endpoint to make the query. But I am looking for a solution to do this with taquito. Nov 12, 2020 at 15:55
  • tezos.stackexchange.com/questions/2733/…
    – utdrmac
    Nov 12, 2020 at 22:34
  • This question has been asked many times. Please use the search feature.
    – utdrmac
    Nov 12, 2020 at 22:34
  • 1
    Thanks @utdrmac for pointing out these resources, but I have to disagree, there are surely question on how to calculate tx fee. But what I am looking for is specific to this npm package called Taquito. None of the answers provide the solution I am looking. I guess I will have to use the raw rpc calls directly. Nov 13, 2020 at 1:43

1 Answer 1

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I guess the below code will help you.

const TezosToolkit = require('@taquito/taquito').TezosToolkit;
const tezos = new TezosToolkit("TEZOS NODE RPC URL");
const InMemorySigner = require('@taquito/signer').InMemorySigner;

const estimateTxn = async function(input){
    tezos.setProvider({ signer: new InMemorySigner(input.senderPrivateKey) });
    const estimated = await tezos.estimate
                .transfer({ to: input.destination, amount: Number(input.amount)/1000000 })
                .then((est) => {
                    const estimated = {
                        "gasLimit"     :   est.gasLimit.toString(),
                        "storageLimit" :   est.storageLimit.toString(),
                        "suggestedFee" :   est.suggestedFeeMutez.toString()
                    }
                    return estimated;
                })
                .catch((error) => {
                    console.log("ERROR: Estimation failed!!",error);
                });
    return estimated;
}

Here the input is:

const input = {
    "destination"       :   "address of receiver",
    "amount"            :   "amount in tez",
    "source"            :   "address of sender",
    "senderPublicKey"   :   "public key of sender",   
    "senderPrivateKey"  :   "private key of sender"
}
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  • The question specifically mentions that I want to estimate the tx fees without initializing the signer, please read the question before providing an answer. Thanks Dec 4, 2021 at 3:01

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