Anonymous

19 Oct 2021

∙

Due to the fees $0.2 XSGD cannot be used for normal everyday use. Anyway to reduce the fees?

Or is XSGD mainly used for exchanges?

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Aymeric Salley

19 Oct 2021

Hello,

Thank you for your question. XSGD currently is run on two blockchains: Ethereum and Zilliqa. These two infrastructures have different profiles (fees, speed, scalability, level of decentralisation, etc), which means that they fit different purposes.

At StraitsX we believe that the future of money implies money being run on multiple infrastructures, where the profile fits the purpose. Essentially what this means is that XSGD over time will be ported onto multiple different infrastructures, and one of them will have the right set of characteristics (fees, speed, scalability, level of decentralisation, etc) that will make it the perfect network to support normal everyday payments.

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Kenneth Fong

19 Oct 2021

Marketing Manager at Seedly

Curious to know about this too. Thanks!

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