EOS is free for transaction, is it true?
There are no transaction fees for users, but the fee for RAM, CPU, NET is pretty high, also it's not free to create new account ~ 15 USD per new account.
Am I missing something?
EOS is free for transaction, is it true?
There are no transaction fees for users, but the fee for RAM, CPU, NET is pretty high, also it's not free to create new account ~ 15 USD per new account.
Am I missing something?
You are correct. It's pretty much the same way with Steem; you need to buy or get Bandwidth (here rewarded with vesting/Steem Power), which is the equivalent of buying RAM.
As for an account creation fee; keep in mind that you only need to vest that amount, you do not actually loose it.
Other than that, transactions on the EOS blockchain are free / does not cost a fee.