Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRE-ICO] Gratz.io - Decentralized marketplace for instant p2p favors
by
Gratzio
on 14/06/2018, 17:05:07 UTC
I'm not yet well versed in cryptocurrencies, but I'm interested in your project. I've never seen decentralized markets on the Stellar blockchain before. What is the advantage of this type of blockchain over Ethereum? Lower the cost of transfers or transfer tokens faster?




Thank you for your interest. You are right. We chose Stellar because it is times faster. Transactions speed is 2-5 seconds.

The network capacity is 1000 transactions per second compared to Ethereum's 15 per second...

Add to the picture the transaction costs and you will see that we wouldn't be able to pull this project on Ethereum. We want our platform to be adopted globally. Gratzio marketplace is intended for small favors, so sometimes you may pay just a fraction of a dollar for your favor (especially in undeveloped markets)
Stellar charges a really tiny fee and we pass it on to our users. We will charge a static transaction fee of $0.05 for every transaction on Gratzio...

Hope this answers your question.