I’d like to throw the following question out there, and I’d appreciate inputs =)
Is it possible to create an ecosystem on Icon that enables transactions to occur with zero cost in fees?
Being a person who loves simplicity, I feel discouraged when I observe a plethora of methods (with layer and layers of complexities) used to try to create a blockchain system or Dapps, with the hopes that, once it is completed, their respective tokens will have a high probability of being used.
Is it feasible to create an ecosystem where the fundamental mechanics deal with only staking and data/monetary transactions?
e.g Alice downloads an icon dapp to send money to bob. once downloaded, Alice generates 10ICX for verifying her ID. She then stakes the token, so she can send money to bob with no fees incurred. Bob, on the other hand, needs to verify his ID to generate 10ICX, and stake it to receive the amount sent by Alice.