Bitcoin Forum
March 19, 2024, 06:01:45 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Permission less Blockchain Crypto currency fast and no transaction fee  (Read 60 times)
North Star (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
March 18, 2024, 09:14:43 PM
 #1

I have been thinking of a Proof of Stake and  Proof of History permission less Blockchain for crypto currency without block time or size instead of every transaction will be in it's own block.
For mass adoption it will be fast enough and 0 transaction fee the network will grant node operators rewards. For Spam restriction the wallets should be holding certain amount of it's coins and a wallet will be restricted to send 1 transaction in a programmed time limit.
More details will be posted, any idea welcomed.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1710828105
Hero Member
*
Offline Offline

Posts: 1710828105

View Profile Personal Message (Offline)

Ignore
1710828105
Reply with quote  #2

1710828105
Report to moderator
1710828105
Hero Member
*
Offline Offline

Posts: 1710828105

View Profile Personal Message (Offline)

Ignore
1710828105
Reply with quote  #2

1710828105
Report to moderator
1710828105
Hero Member
*
Offline Offline

Posts: 1710828105

View Profile Personal Message (Offline)

Ignore
1710828105
Reply with quote  #2

1710828105
Report to moderator
sillvestters
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
March 18, 2024, 10:10:34 PM
 #2

aha, cool.
Wen is mainnet?
BitKOIN_ZeroGasFees
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
March 18, 2024, 10:59:33 PM
 #3

This is exactly why our project was built on the Koinos, the first Free-to-use blockchain with all features in Production (no bla-bla roadmap).

The only way we can drive mass-adoption is only if we fully remove the gas fees...
Because imagine how crazy would it be to pay let's say 1$ every time you visit a website?

This is why Ethereum will never be the leading blockchain going forward toward mass adoption, and same applies to the other blockchains that are low-gas-fees (Eg. Solana, Cardano, etc.), but have the scalability problem, because these low-gas-fees are increasing with the price of their native cryptocurrency and they are not so low anymore if you convert to $.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!