Free Bitcoin transactions, an eventual reality?

[nuuuitsjdragon]

With reference to an article on Xitheon, 

“Ian Brian Armstrong, Coinbase's chief executive officer, has just been granted a US patent (#10,510,053) for a system of sending bitcoin to email addresses without any miner fees. The method entails using email addresses that are connected to their online wallets, to send bitcoin as fluidly and easily as an email. 

The patent appears to exclusively focus on bitcoin, with no mention of other crypto assets, though that should not be taken as a sign there won't be changes made in that regard. 

The email system, assuming it's being implemented into Coinbase, will also feature a separate point of exchange allowing users to exchange fiat & bitcoin using a linked bank account. The entire structure suggests that no portion of it will charge users fees, instead these fees will be placed solely on the miners of the currency. It is being suggested that users may end up paying transaction fees when withdrawing their bitcoin to external wallets & services though.”

Huge, impactful companies like Coinbase are making a difference. Such patented technology is almost-mandatory, if the goal is to have the public be able to use it without bog-downs or fee spikes. 

Aren't you guys hoping this comes true in the form of a product/service on Coinbase or your other wallets? 😁

[play4win]

This is a Good Idea . But every New Idea has its Pros n Cons .  Pros - Faster Transfer , No Minner Fees.  More Competitiveness to against other Cryptos.  Cons- Security Issues will Come . Email Hacking is Too easy . This could happen that One  uses his Email and transfers but  a hacker  transfers the bitcoin to his wallet.

[williamshennie9]

This would be awesome, but if there were no fees, a surge in transaction volumes would occur, slowing down the blockchain network considerably. I would withdraw the minimum amount each time lol.

[Tamaco]

I think it's kind of not possible since the influx of transaction will blow. It is there to limit the volume of transactions.

[yuchan]

Of course I really want to immediately realize an idea like this, if it can apply to all exchanges. Because this is very beneficial for users, as we know the cost of miners is very expensive. So from that I usually move funds not using bitcoin because of costs The miners are quite expensive. Having ideas like this is very helpful.