Topic: Fee-less cryptocurrencies...Are they the future? (Read 759 times)

Logically the higher the price, the greater the transaction costs, it still makes sense.
But the problem is when we pay a large fee, but the transaction is stuck either because the network is problematic or there are other factors, it can be detrimental.
I hope that with the high transaction costs, improvements and network quality will be maintained well so that each transaction can be confirmed according to the specified time.

Exactly. New cryptocurrency projects that have started using a fee-less model for Blockchain transactions, haven't considered miner's rewards to keep them on the network for the foreseeable future. This would cause fee-less cryptocurrencies to become abandoned by miners over the long term, due to an unsustainable economic model. There's needs to be a balance between the end user and miners/delegates/block producers supporting the Blockchain, in order to make a cryptocurrency project last a lifetime. It's no wonder why Bitcoin still has a fee model for its transactions (despite costs being extremely high at times). With fees, the underlying Blockchain network could not only remain economically sustainable for the long term but also extremely secure against spam attacks. Like it or not, we need fees one way or another to maintain the crypto ecosystem.

Even so called fee-less cryptocurrencies require the end user to pay a certain amount of coins for services within the crypto industry. Exchanges, merchants, and other crypto service providers will charge you a fee in order to sustain their operations. This tells us that fees are unavoidable and that the term "fee-less" is more of a niche than anything else. It's hard to say that "fee-less" cryptocurrencies will have a bright future, since miners/delegates/block producers are just into crypto for the money (instead of the technology). Sooner or later, they might switch to other cryptocurrencies which provide an additional incentive per each block mined with the fees deducted from end users on the underlying blockchain network. Hence, only Bitcoin and cryptocurrencies with a fee model will be able to survive for many years to come. Just my thoughts

I think that in any case there should be a Commission.Even the most minimal,but it needs to be.This Commission can simply be given to developers.I believe that if they create a coin that everyone will use, then they deserve a lifetime passive income.

I really like the fact you pointed out that if block producers are not rewarded, the project won't be sustainable. Fee-less cryptocurrencies are the way forward looking at merchant adoption, but I think most businesses will prefer stable coins.

Cryptocurrency without commission is not profitable. More precisely for us it is certainly good, but to for maintaining a normal network it is not profitable. Everyone has to earn.

I think that fee-less cryptocurrencies will never reach such profits like Bitcoin. Because what is the use case of Bitcoin? It is "GAS" for the Bitcoin blockchain, if you want to use it you need to buy it. More users = higher price.
But when you use fee-less cryptocurrencies, everyone who stakes could earn free coins and these coins become soon worthless.

This won't be viable on the long run. Miners expects to be paid, mining a token without reward won't last into the future expect a means of paying miners is developed by such projects. I see some new cryptocurrency are adopting this model I'm not sure why they didn't consider miners rewards.

I don't actually believe that cryptocurrency can be fee-less even in the future in terms of different use. For example in some trading sites or exchange, we know that in every transaction we are making there are payment that we need to pay for us to make that particular transaction. Or in cashing out your money, let us say that you want to convert your crypto into a fiat for you to be able to convert that, I think there are some banks and wallets that you need to pay first, but not that really big for every transaction.

We have to accept the fact that fees are unavoidable. Even with so called "fee-less" cryptocurrencies, you're obliged to pay a fee to the merchant or crypto exchange. The concept of a "fee-less" system only works when sending payments from one person to another. When it comes to services, you'd have to pay a fee to get it. Which is why, I believe that the model of a "fee-less" system is more of a niche than anything else. Popular cryptocurrencies like EOS and Steem would need to incentivize their Delegates/Block Producers one way or another. Otherwise, the ecosystem won't be self-sustainable after all.

Despite this, I believe that "fee-less" cryptocurrencies could result beneficial to the end user over time. While merchants and businesses will still charge a commission for their services, the costs will be minimal with a "fee-less" cryptocurrency than Bitcoin itself. As long as the underlying cryptocurrency looks for way to maintain miners/delegates/block producers on the Blockchain, it should last for years to come. Time will tell us whenever a "fee-less" model for the crypto economy will have a future or not. Just my opinion

I wonder why when cryptocurrency is used as transaction for buying something that not related to cryptocurrency like u said buying stuff and coffees or other things, the fee is become very high and make people will not using it because sometimes the fee is higher than the price of the thing that we bought. So i think the cryptocurrency or bitcoin's fee need more adjustment so we cryptocurrency could be more mainstream

It depends on which side to approach this issue. In general, I think that there is nothing to worry about in a small commission, especially if it goes to maintain and expenditure needs for the network. Another question is when intermediaries appear, such as ATMs, cafes, shops, and the commission becomes larger and this is no longer cool.

Any coin which gets more demand the fee will also increase,but now the memepool attack was stopped by upgrading exchange's wallet to segwit so they can make more number of payouts in single transactions which saves fee and time.If a coin have low fee then the support from miners will be less so transaction time will be more.

ever happened when the blockchain mempool was flooded with spam transactions, I call it a collection of attacks that make transactions very long, with traffic too high which makes an alternative to prioritizing higher fees. This will also happen to altcoin, but it looks more interesting because traders can choose transactions with altcoin that are faster, lower cost and very effective for breaking up volumes to many altcoins, the emphasis here is in the future we will be served by more alternative coins with low fee, not fee-less.

Fee-less will not last long if it will continue because the owner will not benefit from it and the maintenance will need some money support in order to work.
But if there will be fee-less that will last long and will continue it's support then it will be trend and will be the future of crypto industry.

For example, if the tokens/coins demand is enough for them in order to continue the support and can pay the dev's behind the project then it can surely grow.

Honestly, I didn't know that Bitcoin was fee-less in its very beginnings. But it's good to know that the "fee system" was implemented, since it serves as a precautionary measure to help protect the main BTC blockchain against spam attacks. I believe that such issue will be faced by fee-less cryptocurrencies like EOS, STEEM, IOTA, and even NANO in the future. Fees serve as a sort of penalty for the attacker. The more transactions are placed on the network, the higher the load, resulting in higher fees. The costs will be extremely high if the underlying cryptocurrency is extremely valuable (like it's the case with Bitcoin).

In the case of fee-less cryptocurrencies, anyone can flood the network with transactions without getting penalized. Not to mention, miners or delegates will lack an additional incentive to support their operations. Which is why, I believe that fee-less cryptocurrencies won't last for long. In the end, cryptocurrencies with a "fee mechanism" will survive as they're self-sustainable. If people want to conduct transactions at the lowest costs possible, then they could always resort to "Layer-two" solutions like the Lightning Network or the Raiden Network. Time will tell us what will be the outcome of fee-less cryptocurrencies within the mainstream world. Just my opinion

For me it makes no sense to be classifying a project feeless, nothing is free and some how they block producers are getting paid. Remember Bitcoin did not have fee before it was later included in it for it to make better economics for miners, even you can still send some transaction without fee, is just going to take days before it get confirmed.

Fee-less transactions may seem convenient to the end user, but they're not a viable solution for encouraging miners or delegates in supporting the underlying Blockchain network. The main concern here is spam attacks, as anyone can easily disrupt the Blockchain without any costs involved. Popular Blockchain networks like Bitcoin and Ethereum have fees for a very good reason. These fees serve to protect the network against spam attacks making it extremely costly for an attacker to disrupt the whole network. The higher the fee, the better it'll be for miners and the security of the underlying Blockchain network.

That's why I doubt that Fee-less cryptocurrencies like EOS, Steem, Nano, and IOTA will last for long. Of course, ordinary people may find it economical to send payments across these cryptocurrencies on top of Bitcoin or Ethereum. But, miners and delegates won't see it that way since they're missing an additional incentive to keep the network alive. In the end, Layer-two (L2) scaling solutions would be the only way to maintain incentivization while providing the lowest costs possible to the end user. This way, everyone will benefit without putting the security and reliability of the underlying Blockchain network at risk. But who knows? Perhaps, fee-less cryptocurrencies will have a bright future as they improve over time. In the uncertain world of crypto, anything could happen. Just my thoughts

Personally, I can only see fee-less projects for small and canned transactions but for bigger transactions, paying a fee can ensure me that it be secure. Top coins have transaction fees because the demand and use of it higher, therefore are more subject to hacking and other nasty stuff. They also need to expand their services since their clients are getting larger and the transactions are getting more expensive. Fee-less transactions might be seen in the future like today's real life money that can be used in daily transactions like shopping.

Many coins are fee-less as long as you do not convert them to other coins or to fiat. Fees are important for other coins because they fund the security of the transactions. Fee-less transactions are also safe because the company that owns it has their budget for it. Fee-less coins are best to use for quick and small transactions like buying some products online or paying small bills. In the future, fee-less coins can dominate the market since I guess we will more likely often use crypto as if it is fiat.

in my opinion altcoin with a low fee is very special especially for large-scale traders. maybe in the future the fee will be abolished by some markets but it is only for a few altcoin / coins because it is to maintain the stability and profit of the web owner.

Usually, the fee to pay the miner in that case. Wherever it is there must be a cost though the slightest and the points are certainly blockchain technology is the future of the crypto industry.
Where transactions are more transparent, secure, inexpensive, and efficient. Hopefully in the future many countries that adopt the blockchain for their payment.

Someone has to maintain the platform. It is easy to say if transactions are made in a small group of people. But when it comes to world wide transactions and world wide used it is a different story now. Though it is convenient and is economical for individual because you could save a lot of money from fees but people who are working behind such platforms ain't just made for free labor. I don't think it would go for mass adoption.

Cryptocurrencies are rapidly heading towards worldwide adoption and it would be almost useless if we are having to pay transaction fees for every little purchase we make, that would ensure that most people would prefer electronic payments over cryptocurrency payments because it would be much cheaper which defeats the purpose of cryptocurrency in the first place, although I don't think that the solution we are looking for us EOS or Nano. I don't know much about Nano but EOS is partly centralised and judging by the spam attack that happened recently, it seems it can be easily manipulated too.

At present cryptocurrencies are difficult to compete with paper money, because paper money does not charge transaction fees for each transaction.  Imagine if we shop at supermarkets when paying buyers are burdened by taxes, if using cryptocurrencies the buyer is subject to taxes and transaction fees.  In my opinion, this is burdening the user. If cryptocurrencies want to be more popular and widely adopted, transaction costs must be revolutionized to become free transaction fee.

That's certainly true, mate. I believe that a fee-less cryptocurrency cannot be sustainable for the foreseeable future. Miners or delegates largely depend on fees (in addition to the block reward) to sustain the underlying blockchain network. Without fees, there won't be an additional incentive to keep the network alive. The miner or delegate could simply choose another Blockchain of his choice that charges a fee per transaction. It's no wonder why Bitcoin has been so successful these days, despite being relatively expensive in fees for the end user.

Still though, fee-less cryptocurrencies are experimental. They could continue to improve over time as they see fit, in order to bring a sustainable economy that's bound to last for many generations. Cryptocurrencies like EOS, Steem, IOTA, and Nano could find their place in the market if there's enough demand for fee-less transactions. After all, "free" transactions would encourage people to send micropayments worldwide improving the crypto economy. If fee-less cryptocurrencies become a big hit, then they could become true rivals of traditional cryptocurrencies like Bitcoin and Ethereum.

Nonetheless, time will tell us if the idea of a fee-less system, will truly survive or not. It may be too early to tell if cryptocurrencies using a fee-less model will have a bright future ahead of them. Everything will depend on mainstream adoption without a doubt. Just my opinion

Cryptocurrency have many method for this and Proof of Stake is one of them so a crypto doesn't necessarily need to provide for miner because using PoS only require people who stakes and it could rewarded by using the block reward generated from the unmined cryptos that is reserved for future. However I also agree that fee-less cryptocurrency is not a way to go because blockchain system is basically p2p and there is someone that must be rewarded if not from the block reward it must come from fee.

Many big exchanges exits till date because of the money they make from transaction fees, i wonder how projects will survive without one, its not advisable to invest in such project because this type of promise will never come to reality and even if they start successfully they will end up hurting you

You can see how the developers of those coins are really not paying much attention to those coins because they have no gain on them, many people you see here in cryptocurrency really wants to make profit, and if there is truly a fee less coin, then I don't think such coin will grow. Look at the way that we have decentralized exchanges, but people still left those decentralized exchanges to go for centralized exchanges and I think that is the way people actually want.

Anyone that is creating a fee less currency now is only wasting its time as not many people would be paying attention to it, people will still prefer to use the most reliable and stable coin in the market  which is bitcoin, which I also prefer to use more than all these currencies that is being mentioned.

I think that you have to motivate miners, block producers to manage the blockchain, that works when we talk about the blockchain. I know, that there are alternatives like DAG technology used by IOTA where fees are not paid, but that is not a blockchain, right?

Fee less crypto would certainly come to storm the market. The coin that could be used for day to day transaction between customers and merchants should have a zero transaction fees. We can easily achieve this by implementing new ways to benefit the nodes. Maybe minting new coins as reward for the nodes could be an option. If crypto is to be success, it should be user friendly. The volatile nature of price and fees are one of the reason why people don't like crypto.

That's a bit of a useless post, exchanges don't make the majority of their income off overcharging the customer for a withdraw, they make most of their funds off trading fees, and if there where new popular, fee-less coins, exchanges would leap over each other to list them.

And they could always charge a sperate fee for the fee-less transaction, label it as a "processing fee" if they are greedy.

A coin like this, as long as they were able to be charged-back, it would make small transactions like buying a coffee in person using blockchain technology a lot easier.

If the token is decentralized, it is not possible for every transaction to not be charged. How can miners benefit if there is no transaction fee in the network? If we talk in the case of coins or centralized tokens, transactions can be made free. But surely it will gradually incur transaction costs even though the amount is small.

Is fee less possible? I don't think so. Miners will have to get their rewards. I think a very cheap transaction fee would be possible and this might attract investors. People are avoiding transacting through bitcoin when the price is too high due to the transaction fee. If this can be achieved in the future, I guess it would attract a lot of investors.

yes of course it will not eliminate the costs incurred, I mean it might make more sense if the costs incurred are cheaper and do not eliminate the costs charged by each exchange. of course we will benefit because we can use the relevant exchange services and vice versa, the exchange can take advantage of users who make withdrawals because they are charged by costs that must be incurred.

I personally do not believe in fearless anything and subscribe to the idea that you get what you pay for. You pay people for a service it is just the way it works. Everything has a fee. Everyone needs their cut.
Paying a fee normally ensures better quality service and if it doesn't it should.


I think it is a silly idea. People cannot expect to get things for free. How can you expect to get a service for absolutely free? How would that work? Even if it did work it would still be better to have fees to maintain the health of the currency. People want their piece of the pie and without fees there is no pie.

I guess that fee-less cryptocurrencies would somehow contribute towards the decentralized economy. But they might prove to be a lesser attractive option to miners or delegates, than other cryptocurencies which charge a fee per each transaction performed on the Blockchain. Sometimes I wonder if EOS, Steem, Nano, IOTA, and other fee-less cryptocurrencies will survive for a long time because of the lack of additional incentives via fees. Dogecoin may be a cryptocurrency which charges fees per transaction (like most cryptos out there on the market), but it's inexpensive and highly accessible to everyone. While the fees earned by miners might not be that much in terms of USD, they surely accumulate over time.

Despite this, I believe that there's still a future for fee-less cryptocurrencies if they manage to retain miners or delegates to support their Blockchain networks for a long time. In a world where fast transactions and low costs are a priority, fee-less cryptocurrencies seem to be the ideal solution for micropayments. Time will tell us what will be the fate of these cryptocurrencies as more people join the space. Just my thoughts

Of course. In the cryptocurrency market, low fees are one aspect that is highlighted to attract investors and traders. And this can be a potential niche. With a cheaper fee, but still able to maintain the quality, safety, and speed of delivery will certainly increase interest.Cheaper fees, not without fees. We all know that the fees charged by an exchange are costs that we use because we have used the exchange service yeah a kind of symbiotic mutualism.

if there are no costs incurred when making a transaction, there will be no exchange able to benefit from the person making the withdrawal. it is likely that the project will not last long because various exchanges will surely benefit from fees charged to users to make withdrawals. would make sense if the costs incurred were cheaper than other types of tokens

Fee-less will never work, the technology needs to be increased insanely high, think about it if there are enough people using it that means we are pressuring the blockchain to move faster and bigger each and every day, eventually it will crack and that is what we do not want because blockchain needs to be able to handle everything smoothly without a problem and if possible quite fast as well.

Right now, we have bitcoin which is both slow (compared to a credit card payment for example) and also expensive (well again for credit card payment) so we need to get better for sure and the future will be better with higher tech but that doesn't mean it will be free, it will take some time and even after years it will never be zero, it is just not sustainable to make it free.

The cryptocurrency will not be able to survive without commissions, they are no longer large compared to bank ones, it will also be impossible to add new coins without a reward, the cryptocurrency market will not survive without a commission

How can you say that NANO https://coinmarketcap.com/currencies/nano/ is in the 49th place, Eos and Steem had a huge market and volume and no one here says that they are a scam, only you posted that, you should go back and school yourself on the various and different algo, so your ignorance will not be exposed, we are in Cryptocurrency and developers are creating a better technology that offers a lot of option to the community.

Yes!!!  I understand the passion people have for bitcoin, I truly do.  But when it comes to a discussion about its problems, everyone just seems to fall silent.  And those problems are the fees, especially when the network is congested and confirmation times.  Most altcoins have much lower fees and much faster confirmations and thus they function better as money (if you wanted to spend them and if anybody accepted them as payment).  It is nice to hear an honest opinion about this.

Zero fee cryptos would be ideal, but I am more than happy with, say, dogecoin's fee which is usually 1 doge to send any amount.  That is more than reasonable, especially compared to bitcoin when its price is at or above a mark like $10,000.  At that point it starts getting very expensive and especially for small amounts.

Nothing is free, you can't find crypto with free fees, crypto is kind of transfer data, and any transfer data need a cost, in addition of mining of the crypto, ll this should make a cost

the lack of commissions in coins is normal, but not for everyone. you need to understand that the tokens that are created, for example for internal use to pay for services inside any platform, should not take a commission for payment

It will be just a dream to think of a fee less cryptocurrency transactions. Fees have been collected by miners to process block. If fees less transaction will be implemented, miners will be out of the field and transactions in block will be doomed. Transaction fees are already included since then, there will be a lot of changes and everything will be hard to process if fee less crypto transaction will happen.

Could be possible, but it'll be a lot of weird work for the miners since they'd only be getting block rewards. What would happen if limited supply runs out? Miners just die then?

If it wouldn't be a limited supply it'll be a lot worse then just paying some small fees to be honest.

It'll be convenient, and revolutionary for the fiat and crypto industry, let's see if we see some in the future.

I think less or no fee cryptocurrency like short term project.
We can see for example exchanges who give no fee, less than 2 year will get down nowhere. Also in business no fee or less fee also a problem for maintenance project.
So for me no future for that. Bitcoin is always increase their fees, because i know basicly they respect the miner who hardwork with difficulty increased.
If no fee or less fee, people prefer spamming transaction, that is like Bitcoin in first time where blockchain get overload. Maybe less / no fee cryptocurrency is temporary rules, they also will increase the fee, if not please take caution.

i think they are mostly a short term hyped up topics specially when bitcoin transaction fees rise up a little bit. the main problem is the attack surfaces that these "fee-less" cryptocurrencies can open up. for example anybody with the smallest amount of that coin could easily spam the network with millions of transactions per second without any cost whatsoever.
those with a blockchain will experience a huge bloat because of this, i have seen some mitigate that but they still can not do anything about the DOS attack which this type of spam can cause in a network.

I think it might be possible. But not about the fee-less, but how the coin technology was built and its implementation. If you only rely on fee-less, it will not bring the best coins. But if fee-less can occur, I think there will be a time to raise fees for various reasons later.

The fee intended here is for delivery, is it really possible that in the future it will be free. because until now every time we send Crypto must be burdened on shipping costs. no problem projeck requires large or small funds. but if making a project, of course, must have a large fund

I cannot believe that such a scheme can last long, first of all, everything needs funding, especially crypto related projects and we all know that without enough funds, no project can survive on such a hard and competitive market.

Users will at all time prefer to use fee less crypt I currencies, no minding how it affects other. Also, those who designed it know where and how to get their remuneration. So there is nothing to worry about. Also, they already know why they made it fee less. In which one of the reasons should be to attract more users. If that is the case, then it is better.

I like if have currency without fee at the next years where we can use some currency for sending our assets to other wallet without paying fees, but we need faster transaction although sending without use fee because is most important way how to increase of bitcoin and altcoin advantage of next year, using EOS without fee I think best solution of you want sent your bitcoin and convert first become EOS balance and then sent to other wallet do you want.

agree that right word to use use is less-fee there many crypto now that more cheaper in terms of transaction fee . eth and xrp as less fee compared to btc.

of course it is a progress we know that BTC has a very large transaction every day that's why sometimes it takes more time to send it, and also the blocks that are generated after mining have been a lot since the first time it was released.
I think a coin with a low fee if you already have a lot of transactions in the future will have a heavy burden as well as a rather long delivery time, because many ALTs are still running 1 or 2 years so that their transactions are relatively small.

It is totally unrealistic to store something on thousands of computers around the globe for free. Even more, current fees are not realistic in their structure, as you can put an object to the state of the system (UTXO set in Bitcoin / "World state" in Ethereum) forever for free. The problem could be solved with storage rent, as done in Ergo. A paper on composite fees: https://fc18.ifca.ai/bitcoin/papers/bitcoin18-final18.pdf

You have to give something to gain something back in return, developers have to earn back for the service they provide users wordwide so nothing is for free in this world, if a project is doing free work go back and recheck very well because that is impossible, and of they do free services like zero fee the project won't last long

Small transaction costs might be an option as an investment but in my opinion not the biggest factor. There are some coins that have small transaction costs but because they do not have a good product and are also not in demand by investors, the marketcap value is not too large

In order for a certain cryptocurrency to work and improve, for this  need to use a certain amount of money. If transactions are free, then other types of services must be paid. However, on the other hand, competition between cryptocurrencies will inevitably lead to a decrease in transaction payments. Over time, the optimal option will inevitably be chosen.

There doesn't seem to be much interest into fee-less cryptocurrencies, despite their benefits. Perhaps, it's because many crypto enthusiasts are not fond of zero incentives within a Blockchain network. Fee-less cryptocurrencies are good for the average person, but not for those looking to make a living out of them. This applies specifically to miners and delegates. Sometimes, I wonder if EOS' fee-less structure is sustainable for the long term. Block Producers (or delegates) are earning from transactions made on the EOS blockchain, but they could've earned more with fees. While Bitcoin has high fees, it has a sustainable model that will allow miners to continue supporting the blockchain for the foreseeable future.

Nonetheless, I guess that we'll have to see what happens over time since fee-less cryptocurrencies are just starting to blossom. There may only be a handful of cryptos like EOS, Steem, and Nano. But the list of fee-less cryptocurrencies will continue to expand if people show enough interest into them. Personally, I find fee-less cryptocurrencies extremely convenient for sending money worldwide for free. But their lack of mainstream adoption, will defeat the whole purpose in my own opinion.

Theoretically it is a good idea, but if there is really no expense, it becomes impossible to maintain the structure of the system: it is a service that has costs, and who offers it must be able to earn something, otherwise it fails.

Fee less projects is like telling developers to work for free, there is no such thing as free in this world, if you come across any project claiming their project is zero transaction fee you need to be extremely careful, i haven't seen any that is legit, its all lies

no cost is good, but I don't think that's the right thing. blockchain costs money because that's how it works. no cost will only benefit momentarily, but for the long term it's not good. there will be many spam transactions in the network, if no cost. consequently the transaction takes a long time.

Bitcoin won't survive if transactions are fee less just imagine the amount of transaction being spammed if there are no fees. If Bitcoin becomes fee less it needs to be done somewhere else (offchain) which is possible already but the negative thing to offchain transactions is that it's only limited to one or two services and you're giving up decentralization.

Personally I have never used a fee-less cryptocurrency and I don't think they are viable. Proof-Of-Work and Proof-of-Stake algorithms have been the most successful in the market so far. And that's because the 'miners' aka block validators get incentivised in some form. Bitcoin is the best example for Proof-of-Work and Ethereum for PoS. To this present date I am not aware of any other algorithm that had even comparable results to these ones.

Bitcoin and other PoW cryptocurrencies have transaction fees with a reason.  Other "cryptocurrencies" or tokens have different structure and because of that other flaws. You pay no fees when using Secondlife Lindens. But would be so silly to compare Lindens with Bitcoin.

It's possible to have a fee-less cryptocurrency. And right now it is happening. Some crypto like EOS doesn't have that much fee as of now. I just don't know if it is possible to make a fee-less on bitcoin. Although there is something we called LN or Lightning Network that made it possible but not fee-less it is less fee for transactions.

I cannot understand how a network can function without any fees? At least, they need funds to keep developing their product, do marketing, promotional offers and much more. Projects without any fee do not live long.

Less fee's doesn't mean that the coins are legit. There is a lot of projects that got dumped before.

I don't know if its possible. Perhaps they are not fee-dependent in their operations. There might be some other sources of income. But they could actually reduce fees to the minimum to be more realistic about it. A very low fee is actually more than enough to support their operation for as long as there are many users. That is in fact what the Lightning Network brings, very small to zero amount of fees.

You are right. This is a big business empire. We use services, so naturally, we are charged. Moreover, the fees charged are returned to us as users, we will get appropriate services according to the fees set. What does it mean if it's free but the service doesn't match expectations?

Obviously, we wanted to see this kind of crypto, absolutely 0 fees. However, we all know that this is a business and in order to survived, developers or the people behind a certain project will have some form on incentives, so I doubt that it will be the future. They can to get some kind of money for maintenance otherwise it will simply die. And for those coins, that don't have fees today, might include in the future. Maybe this is just marketing ploy for them to attract user based but eventually fees are going to be introduced, IMHO.

Well,,, Fee is become one from many factors for a lot people to use the coins in daily transactions,,
So, i think the future of fee less cryptocurrencies will be bright mate

It supposed to be but sadly it won't prosper.  Maintenance would be the main factor for their possible demise.  Unless they created a platform where these cryptocurrency will be utilize to produce profit and make it to boom. 

I always love freebies, free transaction included, and i guess most of us love it too.

So far, fees have been charged because we have used the services provided. What does it mean if it's fee-less but the service isn't optimal? many problems? a lot of interference? the process is long?
I prefer a standard fee for convenience and speed of transactions, but if there is a low cost with maximum speed, of course, anyone really wants it.

Yes if the fees is very cheap only then many users really will use this so if this will continue then this is really the future of cryptocurrency

Then i think crypto run for so long period of time like 10 years so we already in the future by that another thing even Bitcoin and Ethereum have high fees compare to other alts/tokens still they are useful and helpful

In my opinion fee, less cryptocurrency will not do much if not for the people behind them, I guess if not for their proper launch in the market they will end up like another shit coin, I do believe that many individuals are attracted with their fee less cryptocurrency but how can they maintain such things if they will just offer lesser fee, I guess some will be curious on how they maintain such thing, and I think that lesser fee and not fee less is their implication on their coins, If they don't have fees at all they will just end up like a shit coin because they will have a difficult time maintaining it because of the financial needs a project to be maintain.

They are fast and all until the mass adoptin hits, the blockchain becoming so crowded and they will face scaling issues. Bitcoin back in the days used to be really fast and have a really cheap fees even so many people saying that bitcoin's fees is a lot cheaper than sending from paypal or bank but now that the blockchain is really crowded everything become slow and the fee sometimes rising up so much. Therefore, I won't say that they are the future until they have gone through the mass adoption and see whether there is a problem or not otherwise their blockchain will be left untested and could potentially have a problem when the mass adoption hits.

Low fees would be the ideal thing in the future. Just like your concern, miners will tend to shift to another cryptocurrency that will pay them for their efforts of confirming the transactions and if there's no incentive from that crypto through verification and confirmation, I doubt it that they will stay.

Fees are still needed but it doesn't have to be that expensive, fee less is an incentive but there's risk in it.

A cryptocurrency without fees can be attacked by spamming its network with a lot of small transactions, thereby overloading such network.
Fees are important from a security point of view, to make spam attacks too costly to initiate.

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.

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

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.

I wouldn't say "enthusiasts" aren't interested.  I've looked up the total transactions of those altcoins and eos have the most transactions per day nearly 5m while nano being the lowest at a couple thousands even though it could be the same people making these transactions it's still a lot.

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.

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?

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.

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.

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 .

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

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?