Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] Kryptohash | Brand new PoW algo | 320bit hash | ed25519 | PID algo for dif
by
WORE
on 26/02/2015, 06:34:30 UTC
Quote from: linearzone on February 26, 2015, 06:29:59 AM
Quote from: WORE on February 26, 2015, 05:08:40 AM
Quote from: linearzone on February 26, 2015, 01:43:44 AM
Dev,could you reduce or remove the transaction fee please ?  Huh

Um, as a miner?  No.  I think this was covered earlier in the thread.  To send 10K KHC requires 50 KHC as a fee, not really that bad compared to sending cash, and the miner that solves the block gets the fee.
what if the price is thousands of satoshi ? High transaction fee inhibits the liquidity.

If there is no incentive to mine the coin, then no one will.  I'd say that would inhibit liquidity in a way that will impact the coin far worse.  The fee doesn't apply to trades on exchanges, just from wallet to wallet.