Since day 1 or so we’re marketing Zenon as a feeless L1, which is factually wrong and more than that: it might look sketchy to people who know a bit about how blockchains work. Beside, do we want ot be associated with the projects that branded themselves as feeless before? I let you look them up, they’re not really the good ones.
However, it does not mean we have nothing for us and yes, absolutely, our fee structure is different. The user doesn’t pay per tx with the native currency of the NoM, they pay with electricity (through PoW) or fuse QSR for a given throughput. Ultimately, infrastructures such as CEX might need a lot of QSR and / or process a lot of PoW, which will lead to quite a decent amount of fee on their balance sheet. So, yes, we have a fee market, and anyone who’ve been in crypto long enough know that’s necessary and why it is necessary. Ours is very interesting and deserve to be marketed right because it would draw more attention from the right people who might see “feeless” as a bad thing (IOTA, hello).
Our fee structure brings a new very interesting aproach about how to build fee markets and profit from them, we shouldn’t hide it under wrong over simplified claims. Electricity or QSR are fee. There’s a fee market. And it’s really a smart and novel one.
Personal opinion. Discuss.