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RE: Crypto News, June 14 2018: Green Day
Cograts to EOS for reaching the required votes, hope to see the blockchain moving soon.
One thing I am very excited about with the EOS is that apparently they plan to make transactions free for the users. Interesting if it will work out, will it lead to even more worthless coins created on EOS with free transactions?
@Nick, could you please let us know, is that true that EOS plans to make transactions free for the users? Maybe I got it wrong.
Thank you.
Yes. An account costs about $1, the usage is free so long as it's under the usage cap for that smart contract, defined by how much the developer stakes. So it's free for users by pushing costs back to developers, the model people are used to.