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Board Tokens (Altcoins)
Re: [ANN][RATE3][ICO-SOON] | RATE3 - The Future of Global E-commerce Transaction
by
fengzhongvxifn2
on 04/04/2018, 01:55:53 UTC
CMIIW, but one of your aim is to give your community a lower blockchain transfer fee without sacrificing a time-span of confirmation? Isn't those factors are determined by miners? Like... Collective miners that you can't dictate?

Hi Miiike,

The blockchain transfer fee you're thinking of pertains more to proof-of-work mining.

The Rate3 network will be using the Stellar network to facilitate payments, Stellar uses a FBAS (Federated Byzantine Agreement System) consensus protocol and each transaction has an average time of 2-5 seconds.

You can read more about why we choose to use Stellar here: http://bit.ly/Rate3FAQ

Once again, feel free to give a shout out if you have any more queries.

Best,
Team Rate3.