![]() Types of Contract Wallets: Simple Wallets & Multisig Wallets ![]() A list of gas costs for various wallet operations can be found here and the prevailing gas price is always displayed in the Network Stats page. Just 1 ether will be more than enough to try out Contract Wallets. So, since you require gas (which is paid for with ether) to create and use a Contract Wallet, ensure that you have at least one Account with some ether in it before proceeding. Paying for the use of these resources is part of the gas economics model of the Ethereum protocol. You pay to create and use Contract Wallets because they utilize the valuable computational and storage resources of the network. In fact, Contract Wallets incur a cost whenever you use them.
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