Topic: Fee-less cryptocurrencies...Are they the future? - page 5. (Read 735 times)
I think that's out of the question. In this case, it will take a fee for other services is likely, because need to make a profit from somewhere. I do not think that this is the future, but I am sure that most projects, both new and old, will seek to reduce transaction fees. This dictates the time.
Fast transactions at less fee are the ideal combination and are always the choice of many crypto users and I think the two reasons that make fee-less crypto will continue to survive and always be everyone's favorite, now or in the future.
If we talk about lower or less fee it is possible. But fee less transactions using crypto? I think this is not possible because all we know that every organization and company are all same goal which is to earn profit. And how does the company earn if they offer their service for free? So for me it is not feasible in this industry even in the future.
Personally, I have found out that fee-less cryptocurrencies are extremely convenient for sending micropayments worldwide. Most of them are blazing-fast in transaction confirmation times, making them an attractive choice on top of Bitcoin or Ethereum. Cryptocurrencies such as EOS, Steem, and Nano have no fees at all, becoming a favorite among several crypto enthusiasts (like me).
However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users.
Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users.
Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
I think almost all cryptocurrency is quite cheap for the transfer fee. Cheaper fees may be attractive but in my opinion not a decisive factor for investors to invest because many projects use ethereum networks that are very inexpensive to conduct transactions
There are no fee-less exchanges. Zero fee is a advertising gimmick. Most of the new exchanges go with this promotion. Even some of the old exchanges are providing no fee transaction on a selected number of coins. Some coins are truly feeless and some fees are funded by the exchange themselves but no exchange would sustain paying fees for every kind of coins listed. So, there would never be a fee less exchange.
OP is talking about cryptocurrencies that doesn't have fees and not cryptocurrency exchanges that pays out transaction fee for free. You probably confused the two because of the replies above.Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
Using the same coins as example, we should realize by now that it's not the future of cryptocurrency market. They have been here for a while now and "enthusiasts" aren't interested mainly on the fee-less feature. Heck, they would even prefer xrp, doge, or ltc for moving their coins despite having minimal fees. Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
Using the same coins as example, we should realize by now that it's not the future of cryptocurrency market. They have been here for a while now and "enthusiasts" aren't interested mainly on the fee-less feature. Heck, they would even prefer xrp, doge, or ltc for moving their coins despite having minimal fees. 
I think coin with less fees, already a lot and people will only use it to deposit or withdrawal from 1 exchange to another. Maybe what is important is not about it, make real product so the coin can be used and demand can created.
We live in a world in witch you have to pay for everything, without money there would be no society because everything is tied on values expressed in money. Feeless equal worthless.
Fees aren't really a huge problem unless network congestion comes in to play.
But with BTC or ETH you can at least get the TX through even when the network is congested if you pay a larger fee. In a way it's self-regulated. I'm not familiar with fee-less coins but I would imagine their network capacity is not unlimited so how would they deal with congestion, with dust spam?
Personally, I have found out that fee-less cryptocurrencies are extremely convenient for sending micropayments worldwide. Most of them are blazing-fast in transaction confirmation times, making them an attractive choice on top of Bitcoin or Ethereum. Cryptocurrencies such as EOS, Steem, and Nano have no fees at all, becoming a favorite among several crypto enthusiasts (like me).
However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users.
Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users.
Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
There are no fee-less exchanges. Zero fee is a advertising gimmick. Most of the new exchanges go with this promotion. Even some of the old exchanges are providing no fee transaction on a selected number of coins. Some coins are truly feeless and some fees are funded by the exchange themselves but no exchange would sustain paying fees for every kind of coins listed. So, there would never be a fee less exchange.
Money is data. This data is transferred from one place to another, consuming energy. This energy is electric energy and is not free. Someone has to pay this. So your feeless living dream is impossible. sorry 
Fees aren't really a huge problem unless network congestion comes in to play. I mean on a good day sending eth is a few pennies. When the network is slammed I've gone to send I've eth, saw a fee of several dollars and basically said "damn it's not that important i will wait till traffic drops". Comparatively speaking blockchain network fees are significantly lower than trading methods of sending money.
Can't remember which currency it was but if you follow whale alert there was recently a tx of hundreds of millions of dollars that was performed for a fee of a few dollars.
You mentioned it yourself. Without network fees what incentive do nodes have to maintain the network and confirm transactions? Would this not undermine network security itself without a reliable backbone of block verification?
If network fees are the price we pay for a transparent, global, trustless, and secure financial revolution then I'm on board. We all should be.
Can't remember which currency it was but if you follow whale alert there was recently a tx of hundreds of millions of dollars that was performed for a fee of a few dollars.
You mentioned it yourself. Without network fees what incentive do nodes have to maintain the network and confirm transactions? Would this not undermine network security itself without a reliable backbone of block verification?
If network fees are the price we pay for a transparent, global, trustless, and secure financial revolution then I'm on board. We all should be.
Whether fee-less or with fee, ni an not bothered, inasmuch as the fee is not high. Sometimes, I just wished ethereum could be worked on and the fee either 6 or reduced to the minimum, at least like that of NEM.
As for EOS which is free, it's loyalty bonus can be from the staked EOS taken when opening EOS wallet account.
As for EOS which is free, it's loyalty bonus can be from the staked EOS taken when opening EOS wallet account.
Personally, I have found out that fee-less cryptocurrencies are extremely convenient for sending micropayments worldwide. Most of them are blazing-fast in transaction confirmation times, making them an attractive choice on top of Bitcoin or Ethereum. Cryptocurrencies such as EOS, Steem, and Nano have no fees at all, becoming a favorite among several crypto enthusiasts (like me).
However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users.
Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
Less fee might be good but the problem is world adoption. there should be more local exchange that will accept this coin as mode payment so it can easily converted to fiat if that will happen the adoption might be easy . However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users.
Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
Personally, I have found out that fee-less cryptocurrencies are extremely convenient for sending micropayments worldwide. Most of them are blazing-fast in transaction confirmation times, making them an attractive choice on top of Bitcoin or Ethereum. Cryptocurrencies such as EOS, Steem, and Nano have no fees at all, becoming a favorite among several crypto enthusiasts (like me).
However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users.
Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
Nothing of such will prosper in crypto space, exchanges and new projects have to gain profits to sustain and push the project up to new steps to achieve success, i wonder how a project with zero fee will work, its impossible and if any project offers such its scam project However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users.
Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
Personally, I have found out that fee-less cryptocurrencies are extremely convenient for sending micropayments worldwide. Most of them are blazing-fast in transaction confirmation times, making them an attractive choice on top of Bitcoin or Ethereum. Cryptocurrencies such as EOS, Steem, and Nano have no fees at all, becoming a favorite among several crypto enthusiasts (like me).
However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users.
Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users.
Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?
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