Quote from: IckyYak22871 on December 04, 2017, 03:50:55 PM

Quote from: Freefactomizer on December 04, 2017, 11:51:28 AM

Quote from: HybCZ on December 04, 2017, 06:39:07 AM

Do you think Byteball can compete with IOTA. IOTA has no fees and byteball it has. I think that only for this reason IOTA will always have a suggestion. In addition, the interest of large companies is also on the IOTA side.

No fees is not an advantage against very-low fees, but very-low fees protect the network against spamming.
Don't be fooled by what they pretend about large companies supporting them, they hired advisors having relations with big companies for marketing purpose but be sure these guys barely know what is a crypto-currency and won't do any real work.

I have a hard time to understand, why do we need fees to prevent spam? Proof of work was originally invented to prevent spam. You don't need a mining farm to submit transaction. A challenge should be easy enough to be solved by a cell phone or IOT device, but get exponentially more difficult for spammer with every next transaction. There are also other ways to prevent spam, like rate limited transactions (see steem, eos)

The problem is that a computer have thousands of times the processing power of a cell phone, so attacking the network would not be much of a problem.

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