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What happens when crypto transactions drop below 1 cent?
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This discussion with Jesse Pollak of Base on microtransactions was organized by Network School. Apply online at https://ns.com.
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The Power of Sub-Cent Transactions
Jesse Pollak discusses the transformative potential of reducing transaction costs to below one cent. He explains how this threshold allows developers and creators to innovate without the burden of transaction fees, enabling the creation of a new economy with property rights and contracts. Pollak emphasizes the importance of building effective products that address the needs of users while increasing blockchain bandwidth to unlock more use cases.
"Driving down the cost of most transactions to subsent is really this kind of shelling point where once you get subscent, people stop thinking about the costs and they start being able to build really ..."