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AOK Network’s transaction speed and fees The key problem w | AOK Official

AOK Network’s transaction speed and fees

The key problem with Bitcoin, is slow processing speed. When Satoshi Nakamoto created Bitcoin, it was designed so that blocks with a capacity of 1 MB are created once every 10 minutes. If you do this calculation, 7 transactions are processed per second.

The transaction processing speed of the AOK Network is more than 100 times faster than in comparison with Bitcoin network.

Each time a transaction occurs on the Ethereum network, a corresponding gas fee must be paid. In the meantime, Ethereum's gas payment method had a problem that the user had to calculate it himself. In the end, users had to pay gas fees regardless of the liquidity or congestion of the Ethereum network.

Compared to Ethereum, it has a slightly lower commission, around 1/1000 in comperison with Gas fee.

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