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RE: IOTA: First Cryptocurrency WITHOUT A Blockchain Launches, Jumps To 6th Highest Marketcap In 1 Day!
I had the same concern but it turns out there are no fees because of how the tangle works. If my understanding is correct, when one transaction is requested the user transacting helps to approve a different transaction.
Yes, the transaction fees are practically nonexistent. That's what makes tangle even better for micropayments
And the are more transactions possible wit more participents. Opposite to Bitcoin, where more participents create problems, because the transactions per second are fixed.