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RE: Web 3 Requires Zero Gas Fees: They Are Talking About Hive Again

in LeoFinance2 years ago

I've been saying for a while that we really take things for granted here. The idea of fast fee-less transactions is just second nature to us. It's only when I need to use ETH for something that I am usually reminded of this!

SKALE takes things in a different direction by allowing applications to pay the validators directly, in exchange for the removal of transaction fees on its users. This is an interesting concept which is certainly a step forward.

Sounds a bit similar to the current credit card system where businesses can either pay a subscription to cover the processing fees or pass those along to the buyers.

Posted Using LeoFinance Beta