Hello, I would like to share my thoughts about transaction fees. Usually, users consider just the price of specific coin and completely forget about the fact that you need to pay for ability to perform transaction. It may not be that important for users who are using so called "buy and forget" tactic, but after all cryptocurrency is becoming more recognized around globe. That mean it is important to find coins with not only stable price level, but with lowest transaction fees.   

While finding new coins, JDE drew my attention. To be more specific, JDE meets both conditions. As it is stablecoin based on euro price should be more predictable and less dependent on other coins, it fulfils first of condition. Secondly, JDE provides transitions without transaction fee making it to the top of stablecoins. As for user it means that you do not need to spend coins just to perform your payment, it also minimizes the risk of not executing your transaction because of not having enough currency for it. Not only Bitcoin but even Etherium becomes a blockchain for rich – the cost for one transaction is average around 54 USD, but during high peak hours, when majority of users are trading, prices can go above 100 USD. A lot of users come to one conclusion - transaction costs are still a pain point for the network of ETH and coins on its base. But the fun thing was how one user commented on this rapid increase of ETH transaction fee: “Not again…”. To describe this situation better, ETH has experienced 680% increase of gas fee starting from October. Knowing the amount of fee, I can tell that it would be unacceptable to charge for small payments and services especially when your initial payment amount is less than a gas fee. In contrast JDE does not charge receiver nor sender for any of transaction, allowing users to make any payments without risking losing fortune on fees. This difference plays a huge role in the plans of those who are willing to use cryptocurrency more frequently.
In general, transaction using JDE offers user affordable way of using cryptocurrency in everyday life. As there is a general proclivity in usage of cryptocurrencies more businesses and services start to accept crypto coins. It is a great alternative to fiat currencies since cryptocurrencies will allow users to perform payments not only directly by eliminating the intermediary and sending money directly from user to user, but also affordably as an example sending money abroad. While Banks charge with around 5% for foreign transfers, as well as additional 30$ in some cases, JDE provides transactions for user with less than a cent fee. It surely makes a huge difference while sending money or doing daily purchases.   

Hello everyone, today I would like to bring up transaction confirmation topic. It is surely important to understand how trading and exchange between users take place since cryptocurrency could be used not only for long time investments, but also for daily payments and services. There is a new coin I have noticed – JDE. 

JDE performs well in terms of tasks required for coin to be delivered form user to user. For coin to be delivered to specific address transaction needs to collect confirmations by being included in mined blocks. Each block transaction is included in gives one confirmation to this transaction and the more confirmations transaction has collected, the more permanent current transaction is. Comparing to other stablecoins JDE has reasonable required amount of transaction confirmations to surely guarantee user that payment made with JDE is irreversible. What is more, it saves user from so called double spending.   

Surely it is great when your transaction is safe and confirmed by multiple blocks, but there is another parameter that user should think about. It is related with the rate of confirmations. For example, if it is required for coin to have 10 confirmations and each confirmation takes around 10 minutes, transaction would need around 100 minutes to be executed. As another example is well known Bitcoin. It can have up to 6 required confirmations and execution of single block takes at least 10 minutes. All that combined it sums up into around 40-60 minutes.  I have heard that in this scenario JDE is outperforming average estimated time of Bitcoin or other stablecoins while ensuring reasonable number of confirmations required. I had to give JDE a chance to check, whether that increase in speed will be noticeable. From my own experience, transactions made with JDE takes around 1 minute to execute. For the most coins transactions made during the peak hours when all the transaction channels are occupied by trades are drastically slower, but not JDE due to its blockchain features and the ecosystem of which it is a part. It makes JDE a coin that could be traded and sent quickly without wasting user time on waiting, making everyday life easier for regular users and businesses. Combining security protocols, confidentiality JDE is providing with a swift confirmation time, it is interesting coin which is worth a look.