$1.21 2.68%
ADA · 3w

[ELI5] Transaction Fees

We are some years in the future, Cardano is the Crypto Currency No. 1 and you can pay everywhere with ADA now, 1 ADA = 10 USD. ​ But the transaction fee is still 0.17 ADA for every transaction. You wanna buy a coffe? Pay 0.17 ADA transaction fee. You wanna buy a ticket for the bus? Pay 0.17 ADA transaction fee. That would be 1.70$ fees on top for every transaction. This would not work. So is there any soulution to this? With the smart contracts, could you make a token for payment with very low or none fees?
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