RE: Crypto Dip | NEO / VEN / ICON Spikes | Bitcoin Analysis by goingmobile

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cryptocurrency · @goingmobile · Jan 15 '18 (edited)

GAS has no transaction fee; NEO will have transaction fees (paid in GAS).

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@ka82 · Jan 15 '18

How come NEO has no trans fees at the moments?

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@goingmobile · Jan 15 '18

https://medium.com/@MalcolmLerider/clarification-on-neo-gas-and-consensus-nodes-aa94d4f4b09

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@ka82 · Jan 16 '18

Thanks for the link...don't understand #6:

"Because NEO holders will force transaction costs to be kept at zero, there is no economic incentive to becomes a consensus node. Thus, the only incentive to become a consensus node is to uphold the honesty of the network. This is a separation of concerns unique to NEO."

If consensus nodes have no incentives then why they should become one? also how many NEO do you need to be eligible as consensus note?

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