I’m not going to describe Bitcoin’s issue of scalability, because you guys probably know it. What I’m going to do instead is ask your opinion about a new cryptocurrency. Yes I’m a holder of this coin, so my opinion is very biased. This is a token. The token’s name is AVA.
https://coinmarketcap.com/currencies/travala/This Token is on the Binance chain (BEP2). What these guys have essentially done is, they have created a token with negligible fees, fastest transaction speed (almost instant) and therefore it is scalable. They have applications on both playstore and AppStore. Their wallet is their application. They literally charge 0 fees to send someone AVA tokens from their wallet.
This Token is on BEP2 network. Transaction cost is negligible. Can someone please explain how they are doing this? My guess is these guys are holding huge amount of AVA.