Post
Topic
Board Altcoin Discussion
Re: ClosedCoin: Why is OC's Ripple Closed-Source?
by
misterbigg
on 02/03/2013, 03:43:12 UTC
Do you really think the transaction cost has any risk of becoming "high" in the foreseeable future?

Nope, and transactions will probably never be "high" in cost. On the order of a penny or a couple of pennies.

On the other hand, the price for opening a new account (reserve of 200 XRP required) and creating / listing self issued currency pairs (50 XRP I believe) will be more substantial. It is not the cost of individual transactions that will make XRPs scarce but rather, the reserve requirements.