Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » ICON Crypto Project frees DApps users from paying commissions

    ICON Crypto Project frees DApps users from paying commissions

    0
    By BlockchainJournal on July 15, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The ICON project team presented on the eve an updated commission collection system for users of decentralized applications (DApps). The system "Fee 2.0" allows you to exempt users from paying commissions.

    Previously, DApps users had to pay for crypto-commissions from the moment they started using ICON services. So, only those users who had a certain amount of crypto funds on their account had access to DApps. This approach complicated the interaction with the service, in particular, there were difficulties with the creation of a wallet and the acquisition of cryptocurrency.

    Thanks to the new “Fee Sharing” function, DApps operators can exempt users from paying commissions. Meanwhile, another function, “Virtual Step”, allows operators to pay a commission not in ICX tokens, but through Virtual Steps, which are generated during the ICX stacking process.

    It is worth noting that, despite the rather good news, the ICON rate for the last day has fallen by more than 10%. Currently the token is trading at around $ 0.35.

    Dapps Featured ICON ICX
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Real estate tokenization in the U.S. advances: Propy invests $100M to modernize titles

    October 22, 20252 Mins Read

    BNB Drops Below $1,100 Despite 3.46M Users: Why is the Disconnect Between BNB Price and Network Activity Happening?

    October 22, 20253 Mins Read

    Zcash (ZEC) Surges at $108k: Zcash leads altcoin rallies While Bitcoin Stalls

    October 22, 20252 Mins Read

    BGA Report: Stablecoins in the gaming industry are the hidden $350B engine

    October 22, 20252 Mins Read

    The HBAR price recovery toward $0.20 is seriously threatened

    October 22, 20252 Mins Read

    Strong meme coin whale accumulation drives 1.8B DOGE and PEPE purchases

    October 22, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.