I'm trying to send coins - the tx fee is 1.0 MYCE? Mining a block is 6 MYCE and 16.7% fee to move the coins? Is this an error? If not, that's a pretty fundamental piece of information that should have been part of the initial announcement, because it breaks the coin in my opinion and here's why:
I run a small private pool and had to pull MYCE off - the pool is deeply in the red from TX fees and can't pay out. A 16+% tx fee can't be covered by a 1-2% pool fee if no transactions were made during block generation, which none of our blocks had.
Furthermore, I've stopped mining the coin personally and won't mine it at that tx fee...simply not worth it.
Please either fix the error or consider reevaluating the decision for a 1.0 coin tx fee.
Already Considering on it, That 1 MYCE Txn Fee goes to Miners only and noe of it goes anywhere else, You may have seen Blocks Giving Higher Reward like 7 or 8 bcz that 1 MYCE Txn goes to Miners. Still Working on Suitable FEE and will change in Updated Wallet