Post
Topic
Board Bitcoin Discussion
Re: Are zero transaction costs possible?
by
ralph_0608
on 06/07/2018, 15:13:30 UTC
What do you think, is it possible to have zero transaction costs for bitcoin/altcoin. At the moment there are many fees and are they justified and impossible to get around or is it possible to reduce or even remove them in the future?

In my own opinion it is impossible to happen as transaction fees are needed by developer for the maintenance cost, upgrade and security of their platform maybe cheaper but not to the point that it is already goes to zero fee as long as there are massive competition price may for transaction cost may go lower to attract users to use their platform.