blockchain adoption

[arjuna BTC]

feeless is needed if we want to see mass adoptions in blockchain technology. right ?
because if the fee is very high its impossible for all sectors to adopt this technology
here some nice article to read
https://cointelegraph.com/news/going-feeless-is-the-only-way-to-enable-blockchain-adoption

what do you think guys ?

[Review Master]

Nowadys, high transection fees are more concerning for every one of those who are using any DLT (Distributed Ledger Technology) or defi or other protocols with a low amount of crypto. So, it needs a major solution and every blockchain is facing this problems because of high amount of usage which also indicates that adoption on basic level is on the way or done. But it might need a feeless solution to get adoption in large scale from worldwide.

[bittick]

The high fees was only happening with some blockchains that's not enough scalable to handle a lot of transaction in once time.
That will be different when we are talking about scalable blockchain like tron or something else and the users will need to pay a few cents for any transactions. Crypto needs to be scalable more than VISA to be adopted massively by a lot of people.

[GreatArkansas]

This is clearly showing we are still early, isn't it?
Look how DeFi is changing the world, and major problem of it is the high transaction fees (mostly under Ethereum network)
That's why a lot of new project that starting to solve this (e.g. Solana)
Blockchain is still early nowadays, still lot of room for development. Feeless is very possible in the near future.

[electronicash]

there is a feeless platform like the EOS. a user would just need a tiny fraction of EOS to stake for CPU and RAM and then he'd have a feeless transaction already. i didn't see any complains in the defibox community they probably enjoy the feeless. With ETH however its the worse that could happen when you just want to liquidate $100 with of tokens in Uniswap but the fee is half the amount.

[Teraboy]

With ETH however its the worse that could happen when you just want to liquidate $100 with of tokens in Uniswap but the fee is half the amount.

ETH was an old chain and EOS was learning from ethereum to fix the scalability problem. If there's no ethereum in the past and im not sure those new platforms include EOS will be learning to fix the scalability problem or create the block with high TPS.
The majority of the gambling platforms were moving to the tron and EOS caused by the fees.
This time the fees to swap on uniswa is more than $60. Approval + process

[thenextking]

feeless is needed if we want to see mass adoptions in blockchain technology. right ?
because if the fee is very high its impossible for all sectors to adopt this technology
here some nice article to read
https://cointelegraph.com/news/going-feeless-is-the-only-way-to-enable-blockchain-adoption

what do you think guys ?

Yes could be one of many obstacles, feeless.
It's just stupid to pay $50 or $100 fees right now to have $2 coffee on scam platform like ethereum.
I see no reason to use ethereum beside creating a scam which could make millions back in instant.

[JeffBrad12]

The feeless platform is not again relevant for now. A bunch of new platforms has developed a fully scalable chain. As long as it has a very big TPS and that can make the fees will be stagnant and that will be suitable to be used for mass adoption.
The old blockchain is not again reliable to be used for daily transactions. It's being flooded with so many whales and greedy miners.
I may think we will have a blockchain that has better scalability than VISA.

[BIT-BENDER]

Virtually the system can not be without a fee, although recently the high transaction fees frustrated me, but I would be greedy if I want to perform Any transaction without fees and with what my bank takes from me for maintenance, I find the transaction fees a bearable problem. There are many things the world adopted and they have fees, from subscription fees to tariff fees And more.

[blockman]

Blockchain adoption isn't just about crypto, if we all want to see a massive blockchain adoption, then maybe a lot of have missed the adoption rate of it in many industries.
But I agree about it being feeless or at least have a minimum but it's about the miners that are doing it and the traffic of the network. It is a situational problem that needs only to be upgraded.

[ife2020]

feeless is needed if we want to see mass adoptions in blockchain technology. right ?
because if the fee is very high its impossible for all sectors to adopt this technology
here some nice article to read
https://cointelegraph.com/news/going-feeless-is-the-only-way-to-enable-blockchain-adoption

what do you think guys ?

Transaction fees are not free anyone in the world; either fiats, forex or crypto currency. The beauty of the blockchain is that it offers alternatives every now and then. If bitcoin, etherum blockchain is clogged and transactions are slow; you have to litecoin, tron or wave blockchain to rely upon. There are also payment platforms too.  Adoption is on the rise; do not be swayed.

[jrrsparkles]

feeless is needed if we want to see mass adoptions in blockchain technology. right ?
because if the fee is very high its impossible for all sectors to adopt this technology
here some nice article to read
https://cointelegraph.com/news/going-feeless-is-the-only-way-to-enable-blockchain-adoption

what do you think guys ?

Scalability issue on the ethereum network increase the fee more than it is expected to be but its still for that network alone and all other networks are fine right? Even if there are difficulties still it can be resolved in the future and that is what adoption needs as well because crypto technology is literally a new born baby compared to the existing fiat.

[jacafbiz]

feeless is needed if we want to see mass adoptions in blockchain technology. right ?
because if the fee is very high its impossible for all sectors to adopt this technology
here some nice article to read
https://cointelegraph.com/news/going-feeless-is-the-only-way-to-enable-blockchain-adoption

what do you think guys ?

I totally disagree here, fees is there for a purpose, jus imagine what would happen to Ethereum network if people are not paying any fees to run Dapps or transaction on it, it would be stand still because competing network may decided to start spamming the network for them to have a go at it but if you want to do that today you must be willing to part with millions of USD. I don't buy into this feeless thing, what we need is network with faster speed with better security, if the transaction speed is fast, the transaction price would come down

[Flowzer]

I think fee less is radical move and isnt necessary for the blockchain adoption, people are mostly compliant to pay the fee if its rational.
Also if the transaction became fee less, i think the network will be very busy and make many queued transactions in the blockchain.

[cahkalem]

feeless is needed if we want to see mass adoptions in blockchain technology. right ?
because if the fee is very high its impossible for all sectors to adopt this technology
here some nice article to read
https://cointelegraph.com/news/going-feeless-is-the-only-way-to-enable-blockchain-adoption

what do you think guys ?

this is only the beginning mate, i believe soon or later a solutions will come for the high transactions fees
and for sure the blockhain adoptions is on its way now

[harizen]

feeless is needed if we want to see mass adoptions in blockchain technology. right ?
because if the fee is very high its impossible for all sectors to adopt this technology

Several years in the making, there are still lots of room for development. Right now, fees are really the main concern. In most cases, we ended up paying more with the fees. To somehow solved this, we are looking for alternatives on other coins.

I don't mind paying more fees as long as the result will always be better but of course, shouldn't be that much. Surely, fees concerned are being addressed right now so let's just trust the process as we have nothing to do in the first place (e.g Ethereum network).

[TastyChillySauce00]

Feeless is not the only way to trigger the blockchain massive adoption. We have a lot of scalable platforms now and there's no need to create a feeless blockchain.
You must know that there are lots of scalable chain like TRON, XLM, EOS and many more.
You must see that even when the fees on ethereum platform are totally non sense but people keep using it to trade on uniswap. I don't agree with that article.

[nykka]

Today there are many projects, which are aimed for mass adoption, so they try to solve all these problems, especially about fee. I mean Solana, Avalanche, Elrond and others. Unfortunately, I don`t think mass adoption will come in the near 5 years. We will need to wait some time and try many solutions to find the right one. I hope blockchain adoption will come one day, because this technology can make our life much more better. Nonetheless we shouldn`t wait it in the near time (

[cabron]

Over the years we are now gradually seeing the faults with POW and this is why the new top tokens right now are catching up to raise above such as polkadot and cardano which are POS. There is no assurance however of how cheap the transactions could be when they finally are adopted to several projects. Polkadot seem to have matured because of the hundred projects using the polkadot chain.

It could just be between the two where we could have cheap transaction fee if not feeless.

[calabasas_crypto]

Nice share. I think feeless is especially important for things with extremely high transaction volume. So say a chain that sells NFTs of artwork.. maybe higher fees make sense as sort of brokerage cut. But for use cases like IoT or value transfer (transactions) then the fees, I think - definitely need to be next to nothing.