You Never Pay a Network Fee on OmniCoin
You never pay a network fee. On OmniCoin, using the chain is free. You do not keep a balance just to cover fees. You do not see a fee pop up and wonder if it is worth it. The fee is simply zero for you.
On most blockchains, every action costs a small fee — called "gas" — paid by you, the user. OmniCoin removes that step. When you make a transaction, a validator sends it onto the chain and pays that tiny fee on your behalf. You just sign and go.
How the free part works
You sign your transaction with your own key. A relay passes it to the chain and pays the fee. This hand-off has a formal name — it is called a meta-transaction — but all you need to know is that the fee is not yours to pay.
Think of it like a restaurant that covers the delivery fee. You order. Someone else handles the small cost of getting it to you. You pay only for what you ordered.
OmniCoin is fast too
OmniCoin is the blockchain that powers OmniBazaar. It settles transactions in about one to two seconds. That means when you buy, sell, or shield, you are not waiting for the network to catch up.
Here's a real example. You buy an item for 250 XOM. That is exactly what you pay — 250 XOM. No extra fee, no hidden gas, no minimum balance you must keep for future charges.
Why that matters
When every action costs a fee, small moves stop making sense. You might not list a cheap item if the fee eats the sale. On OmniCoin, small trades make as much sense as big ones, because the network cost is not on you.
The honest part
The fee is not gone. Validators pay it for you, and they cover that cost from the protocol's own revenue — not by charging you. That is how the chain stays free at the point of use.
Open the app
Try it and see. Open the app — free, nothing to install. Your first transaction costs you nothing in network fees.
Open the app — free, nothing to install: app.omnibazaar.com