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RE: LeoThread 2024-09-30 08:55

in LeoFinance3 months ago

Tokens/Cryptocurrencies as the City’s Currency

The city operates using its own currency, which residents use to pay for goods, services, and utilities. This represents the tokens or cryptocurrencies within a blockchain network, facilitating economic activity and incentivizing participation.

Gas Fees as Tolls and Service Charges

When residents use certain city services or infrastructure—like toll roads, public transportation, or utilities—they pay fees. In blockchain, gas fees are payments made to miners or validators for processing and securing transactions, ensuring the network remains functional and efficient.