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RE: District 0x - What you need to know about DNT

in #cryptocurrency7 years ago (edited)

In my opinion District0x has huge potential for businesses small and large due to the cost savings compared to traditional methods in use today.

Traditional systems are burdened with each layer of every component (when you break things down) all having small associated "administrative" and "operational" costs.

If I understand correctly, everything within a district on District0x's entire platform runs at zero-cost other than a tiny fee which is needed by the blockchain to actually achieve the moving parts. Scale-out and scale-up would then, in theory, have no additional burden.

I'd love to hear comments/clarification/different views on this?

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Correct. Its comparible to the cost savings achieved by IOTA but based on blockchain instead of tangle.

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