ecosystem:payment
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ecosystem:payment [2021/08/30 07:54] – created vleesbanaan | ecosystem:payment [2021/08/30 07:55] – vleesbanaan | ||
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A large part of the Chia Blockchain' | A large part of the Chia Blockchain' | ||
- | Currently, the fees to make a payment are 0; that means that you do not have to pay to let a transaction be validated on the blockchain. As the Chia Blockchain will be used more frequently for transaction | + | Currently, the fees to make a payment are 0; that means that you do not have to pay to let a transaction be validated on the blockchain. As the Chia Blockchain will be used more frequently for validation due to more transactions, |
As very few blockchains (layer-1) are scalable to handle large amounts of traffic, a solution is sought in layer-2. | As very few blockchains (layer-1) are scalable to handle large amounts of traffic, a solution is sought in layer-2. | ||
It is not unimaginable that Chia will be hooked on the Lightning Network to scale its payment potential in the future, and that payments with Chia will be done both on-chain and off-chain. | It is not unimaginable that Chia will be hooked on the Lightning Network to scale its payment potential in the future, and that payments with Chia will be done both on-chain and off-chain. |
ecosystem/payment.txt · Last modified: 2021/08/31 06:53 by vleesbanaan