AOK Network's transaction speed and fees. ️The key problem with Bitcoin, is slow processing speed.

10 Jun 2022, 09:19

🚀AOK Network’s transaction speed and fees 🚀 ◾️The key problem with Bitcoin, is slow processing speed. When Satoshi Nakamoto created Bitcoin, it was designed so that blocks with a capacity of 1 MB are created once every 10 minutes. If you do this calculation, 7 transactions are processed per second. ♦️The transaction processing speed of the AOK Network is more than 100 times faster than in comparison with Bitcoin network. ◾️Each time a transaction occurs on the Ethereum network, a corresponding gas fee must be paid. In the meantime, Ethereum's gas payment method had a problem that the user had to calculate it himself. In the end, users had to pay gas fees regardless of the liquidity or congestion of the Ethereum network. ♦️Compared to Ethereum, it has a slightly lower commission, around 1/1000 in comperison with Gas fee. AOK Community Website | Twitter | Telegram | Whitepaper(EN) | Whitepaper(KR)

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10 Jun 2022, 09:22

🚀AOK Network’s transaction speed and fees 🚀 ♦️The transaction processing speed of the AOK Network is more than 100 times faster than in comparison with Bitcoin network. ♦️Compared to Ethereum, it has a slightly lower commission, around 1/1000 in comperison with Gas fee.

AOK Network's transaction speed and fees.