A cryptocurrency with no transaction fees

in #cryptocurrency7 years ago (edited)




  • how transaction work's in cryptocurrency ? and why it's paid?
  • Here a person-1 send some bitcoin to person-2 so mostly cryptocurrency don't have privet servers so they use p2p network. p2p means pear to pear. so how p2p work. p2p means here lot's of computer connect and they solve some mathematics problems. then you transaction complete. so we call them miners. if you have any high power computer then you can be a miner. miner take some fees for solve you transaction problem.

  • is there any cryptocurrency transaction fees are free?
  • yes here a cryptocurrency that provide free transaction fees. it's IOTA. IOTA is the cryptocurrency that don't take any money for transaction. it's totally transaction fees are free.



  • Why IOTA transaction fees are free?
  • IOTA use something different thing. it's like mining but when you do transaction on IOTA at that time they use you as a miner. so it's like this your transaction solve by other person and you solve that person's transaction. so for example you help your friends for home work and he also help you for home work. so that's why it's free. if you want to send money then must use IOTA it's free.



If you like then.


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