Cancel transaction fees

in transaction •  4 years ago 

Cancel transaction fees
EOS uses an ownership model, where users own and have the right to use resources proportional to their equity without having to pay for each transaction. Therefore, in essence, if you own N tokens of EOS, then you are entitled to N*k transactions. In essence, this eliminates transaction fees.

When sending EOS tokens, you can obtain certain computing resources. You will get:

RAM
Network bandwidth
Calculate bandwidth.
EOS tokens and payment tokens can also be used as a fee for acquiring all these resources.

Hyperledger
Finally, let's take a look at Hyperledger.

Hyperledger is very different from all the platforms we have talked about so far. Although both Ethereum and EOS are suitable cryptocurrencies and have their own blockchain, Hyperledger is not a cryptocurrency and does not have its own blockchain. Hyperledger is an open source project of the Linux Foundation. On their website, Hyperledger describes itself as "an open source collaborative effort to promote cross-industry blockchain technology. This is a global collaboration sponsored by the Linux Foundation, including finance, banking, Internet of Things, supply chain, manufacturing And a leader in technology."

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