Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
davidoski
on 19/02/2017, 18:44:13 UTC
Technical question about fees collected by witnesses. If witnesses collect fees from every transaction and they essentially have no cost to cover (other than meaningless hardware and bandwidth cost) ...
They have:
I turned off the witness I had running because it did not have enough funds to continue stamping transactions.  Cry

You must be kidding:

I turned off the witness I had running because it did not have enough funds to continue stamping transactions.  Cry

@tonych was this supposed to work this way, when running a witness, if other people dont choose it in their walets, it will eventually run out of funds to continue posting?

Yes, if your witness is not supported, it is bleeding capital.

That means if witness is supported it is not "bleeding capital". It collects fees without any meaningful cost.