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RE: "This is bullshit!": Escrow Smart-Contract Testing

in #escrow4 years ago

That kind of just sounds like a dapp porting it's functionality to Hive. There's nothing to stop a frontend from connecting to multiple blockchains. We usually call something like that interoperability.

There is no way to get around an Ethereum gas fee if you want the security of the Ethereum blockchain. However, if parts of your dapp required less security you could probably migrate those parts to other DPOS chains with free trx costs. It's an interesting thought.

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Thanks. Yea, I know nothing about other blockchains (or very little) so it is hard for me to know where someone could cut corners but maintain the security of say an Ethereum blockchain. I do not exactly know when the gas fees occur.

Thanks.

Basically if you want to put any info on a blockchain you have to pay the fee, be it actual money or Resource Credits. This is the only way to secure that information with that particular network solution.

Essentially the fee is a feature that stops the blockchain from getting attacked and creates a system of free market capitalism based on real-time supply and demand to secure information on an inefficient decentralized database.