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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => NEO Forum => Topic started by: wildanmr on September 22, 2018, 12:59:35 AM

Title: Is token based on neo platform free fee?
Post by: wildanmr on September 22, 2018, 12:59:35 AM
Hi all.
As bounty hunter and sometimes join airdrop, I've found with several platform such as: ETH, Waves, Neo, etc.
But I found unique thing about Neo platform.
I sent my token from my neo wallet to my friend's wallet. I shocked when see there is no fee to transfer.

Any body here can explain why that happened?

Sorry for my english. Thanks
Title: Re: Is token based on neo platform free fee?
Post by: CryptoSparks on September 22, 2018, 01:07:58 AM
Hi all.
As bounty hunter and sometimes join airdrop, I've found with several platform such as: ETH, Waves, Neo, etc.
But I found unique thing about Neo platform.
I sent my token from my neo wallet to my friend's wallet. I shocked when see there is no fee to transfer.

Any body here can explain why that happened?

Sorry for my english. Thanks

Absolutely yes! And did you see how fast the transaction is?
I love NEO!
Recently devs added a limit of 20 free transactions to a block as a spam countermeasure. There were several spams attacks on the blockchain, basically some addresses were spamming the network with thousands of micro transactions, so the devs introduced a new function that allows you to pay some GAS ( even  0.00000001) to give your transaction priority.. but still you can get your free transactions!
Title: Re: Is token based on neo platform free fee?
Post by: wildanmr on September 22, 2018, 07:57:54 AM
Hi all.
As bounty hunter and sometimes join airdrop, I've found with several platform such as: ETH, Waves, Neo, etc.
But I found unique thing about Neo platform.
I sent my token from my neo wallet to my friend's wallet. I shocked when see there is no fee to transfer.

Any body here can explain why that happened?

Sorry for my english. Thanks

Absolutely yes! And did you see how fast the transaction is?
I love NEO!
Recently devs added a limit of 20 free transactions to a block as a spam countermeasure. There were several spams attacks on the blockchain, basically some addresses were spamming the network with thousands of micro transactions, so the devs introduced a new function that allows you to pay some GAS ( even  0.00000001) to give your transaction priority.. but still you can get your free transactions!

Wow very interesting.
Hope all blockchain like this  ;D
Can you explain more info about 20 free transactions? Do you mean 20 free transactions per day or per wallet? Thanks dude.
Title: Re: Is token based on neo platform free fee?
Post by: CryptoSparks on September 22, 2018, 09:23:06 AM
20 free transactions per block! There's a block every 30 seconds or so, if you add the small fee your transaction gets added in the last block even if there are already 20.
Title: Re: Is token based on neo platform free fee?
Post by: Vellos on September 22, 2018, 09:28:47 AM
Hi all.
As bounty hunter and sometimes join airdrop, I've found with several platform such as: ETH, Waves, Neo, etc.
But I found unique thing about Neo platform.
I sent my token from my neo wallet to my friend's wallet. I shocked when see there is no fee to transfer.

Any body here can explain why that happened?

Sorry for my english. Thanks

Absolutely yes! And did you see how fast the transaction is?
I love NEO!
Recently devs added a limit of 20 free transactions to a block as a spam countermeasure. There were several spams attacks on the blockchain, basically some addresses were spamming the network with thousands of micro transactions, so the devs introduced a new function that allows you to pay some GAS ( even  0.00000001) to give your transaction priority.. but still you can get your free transactions!
Very interesting, I didn't know that about neo. Hopefully more ico's use them, low transactions do a lot for a coin.
Title: Re: Is token based on neo platform free fee?
Post by: wildanmr on September 22, 2018, 11:30:27 AM
20 free transactions per block! There's a block every 30 seconds or so, if you add the small fee your transaction gets added in the last block even if there are already 20.

Okay buddy. I got a point.
Now, I'm very interesting with Neo platform  8)