RE: Musing Daily Questions 🐮

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Musing Daily Questions 🐮

in musing-threads •  7 years ago 

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?

musing-threads
7 years ago by

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      ·  7 years ago 

    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.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

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