diff --git a/packages/page-accounts/src/md/basic.md b/packages/page-accounts/src/md/basic.md index e461247022..49fe3b2e8f 100644 --- a/packages/page-accounts/src/md/basic.md +++ b/packages/page-accounts/src/md/basic.md @@ -27,11 +27,25 @@ You can recover an account from its: - backup file (also called JSON keystore file) and the account's password: Click on "Restore JSON" button. Upload your backup file and type in the password associated. -# Minimum allowed balance +# Minimum Account Balances - Essential Deposit & Reaping -Accounts with a balance lower than the minimal amount, 100 milliUnits (miliDOTs for Polkadot) as of writing are considered as nonexistent for the network. If an account's balance ever drops below this amount, it is removed from the network. In this application, it will still be visible, but with a balance of 0. -For a fund transfer to a **new account** (read an account with a balance of 0), if the amount transferred is less than the minimum allowed balance, then the transfer will "succeed" but the destination account will not be created (read its balance will remain 0); this essentially burns the transfer balance from the sender, because the receiver's balance never exceed the minimum allowed balance. +Accounts with a balance lower than the minimal amount (existential deposit) will be reaped +(All remaining funds lost, and the account's state removed from the network). Learn more on the polkadot wiki. + + +Accounts with under 1 DOT for Polkadot are considered as nonexistent for the network. If an account's +balance ever drops below this amount, it is removed from the network's state. In this web application, +that account will still be visible, but with a balance of 0. + + +For a fund transfer to a new account (balance of 0), if the amount transferred is less than +the minimum allowed balance, then the transfer will "succeed" but the destination account will +not be created (its balance will remain 0); this essentially burns the transfer balance from the sender, +because the receiver's balance never exceed the minimum allowed balance. Note that the new account could +be a previously active, but reaped account with a balance of 0 before the transfer. A transfer of over +the existential deposit amount to it will succeed as expected and make a new account with the same address. + If the receiver already exists (read it has a balance greater than 0), it is perfectly possible to transfer very low amounts.