Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ZOLD, an experimental non-Blockchain cryptocurrency for fast micropayments
by
Anastacia Alvarrez
on 14/04/2019, 12:15:49 UTC
Please tell us what amounts are micro payments? Is there any frames?
This is a formal concept. Bitcoin can not pay small amounts, it is not profitable, you can spend on commission more than the amount of the transaction.
Why? Recently, transactions on the Bitcoin network have become cheaper.
Bitcoin transactions are long and relatively cheap. To make a quick transaction you need to pay a commission of a few dollars.
Indeed, projects for micropayments were created to solve this problem. ZLD solves this issue.
This will be the best platform for micro payments in the future. But this still needs a lot of work. I also think that the team needs to slightly reduce the transaction fee, then it will attract even more users.
When the platform is more popular, the commission will be reduced. Now there is so much high commission due to the fact that the team needs to ensure uninterrupted operation of the servers and the project as a whole.