How does EOSIO manage fees?

With blockchain platforms that use a proof-of-work consensus mechanism, there are fees associated with the processing of each transaction. EOSIO eliminates such fees by having the network shoulder the burden of these costs, rather than making the individual users of the network pay to access its combined resources.

With blockchain platforms that use a proof-of-work consensus mechanism, there are fees associated with the processing of each transaction. EOSIO eliminates such fees by having the network shoulder the burden of these costs, rather than making the individual users of the network pay to access its combined resources. Staking tokens covers any incidental costs by giving those who stake access to a proportional share of system resources.  This makes EOSIO one of the most cost effective blockchain networks.

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