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Educational Byte: Why Most Crypto Networks Have Fees?

Educational Byte: Why Most Crypto Networks Have Fees?

Published 2 hours ago
Description

This story was originally published on HackerNoon at: https://hackernoon.com/educational-byte-why-most-crypto-networks-have-fees.
Fees can be annoying, but they keep crypto networks running, fair, and spam-free. Here’s why paying a little helps everything work smoothly.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #crypto-transaction-fees, #transaction-fee-mechanisms, #crypto-transactions, #low-fee-crypto-platforms, #bitcoin-fees, #obyte, #learn-cryptocurrency, #good-company, and more.

This story was written by: @obyte. Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com.

Crypto was built to be open, fast, and available for everyone, anywhere. It’s also decentralized, with no single central party behind. There *are* fees every time you transact, even if your action isn't a payment.

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