Keep in mind as always, that we pay attention to everything you guys say and we are already discussing it internally due to the comments here. That doesn't mean it will change, but we have re-opened the dialogue.
The Crypti team separates itself from most other projects because you guys are open minded, intelligent and care about the long term future.
I want you to know its appreciated and to keep it going that direction.
Just a reminder that bitcoin miner fee is .0001 of a btc. 1 Nxt is all the fee there is for any transaction of any size.
Crypti is in heavy competition with all coins. So .5% looks huge in comparison. At first glance that may be a bad thing.
But I can also start to see it as differentiating itself from the other coins too.
The flat % fee looks more commercial. Like a marriage between old school finance and new school decentralized currency.
Just throwing that thought in fwiw.
The fee is higher initially to create an incentive for people to go through the expense and work of setting up and running delegates during the initial phase of lower transaction volume. The plan is to go to a fee which dynamically adjusts based on activity, so as volume increases, the fee decreases.
I fully understand the issue with transaction fees. It is a big problem I have with credit and debit cards and other payment processors. Since many of the recipients of funds turn around and use the funds to buy inventory and pay expenses using the same payment systems with similar fees, which is yet again recursively spent and more fees paid paying still more people and businesses, it adds up to a huge parasitic overhead on the economy. A major goal of the crypto currency movement is to eliminate this type of burden on productive people.