HashCash’s HC NET Reduces Base Reserve Fee from 20 HCX to 1 HCX to Adjust Network Fee with the Rising HCX Prices
Global blockchain development company HashCash Consultants reduces their HC NET base reserve fee from 20HCX to 1HCX to adjust their network fees with the rising HCX Prices.
Leading blockchain pioneer HashCash Consultant’s HC NET reduces their base reserve fees. The company has reduced its HCX fees from 20HCX to 1HCX for adjusting their network charges with the growing HCX prices.
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Apart from this, HashCash has reduced its fees required for creating a new asset on the network from 10 HCX to 0.5 HCX. HashCash’s base reserve fee is required for opening a new account on their platform and the base fee(currently 100 Jots) is used in transaction fees. The base reserve (currently 0.5 HCX) is used in minimum account balances.
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In an interactive session with the media, Raj Chowdhury, CEO of HashCash Consultants, commented, “HashCash’s HC NET helps enterprises around the world to use these under their own brand name for streamlining business processes. By reducing the base reserve fee, HC NET helps prevent people from overwhelming the network and aid in prioritization.”
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