The witnesses are paid in Steem to produce the blocks which is why the transactions can remain free. The witnesses are very important as are free transactions in the future as when there are hundreds of millions of transactions daily, they have to go through (witnesses) and being free is a competitive advantage over most other chains. Being able to send a fraction of Steem at no cost is going to be valuable. At the moment, it is used for wallet spam, but one day as a way to transfer steem across communities on and off platform for daily usage.
You are viewing a single comment's thread from:
Ok matey, cheers for that.
(can you believe it- I actually thought this was the case!! Sussing this steem thingy out... best to confirm though.)
No worries.