How Iota aims to have feeless transactions

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  • Опубліковано 29 вер 2024
  • A video going through the issues that a feeless cryptocurrency faces and how Iota is aiming to solve them
    / altexplainer

КОМЕНТАРІ • 5

  • @christianmuelenz2261
    @christianmuelenz2261 Рік тому +3

    Thanks for your video! I've heard that you will always be able to send a transaction in congestions times, even with small amount of mana, it may take a day or two or even a week, but it's mathematically proven that you will always be able to send but takes time. I guess it was a video of Hans Moog explaining this.

    • @altexplainer
      @altexplainer  Рік тому +2

      There seems to be 2 different versions of mana and the iota foundation haven't decided which version they are going to use yet so it's hard to tell how it's going to behave. I think in the video I described something that takes bits and pieces from each version so isn't completely accurate.
      In the video I had a user with 10 Miota who had 10 mana and then it stopped increasing but I think in the version Hans describes their mana would keep increasing forever so even if there was congestion in the network and it costed 1000 mana to post a transaction, the user could just wait until they had 1000 mana.
      I think we have to wait and see which version of mana they are going to use

  • @spellsaif
    @spellsaif Рік тому +4

    learnt alot from this video. Thanks.

  • @pepperello1652
    @pepperello1652 14 днів тому

    By now we have 4 years at 12% infllation. But then never more...

  • @diegobnh
    @diegobnh Рік тому +1

    One of the best vídeo about iota. Thanks