Post
Topic
Board Altcoin Discussion
Re: <ANN> HoboNickels HBN 100% interest(SuperStake) no premine
by
mullick
on 16/08/2013, 04:39:12 UTC
One question to devs.
Where are transaction fees come for now.
As i see on my pool wallet and blockchain explorer, every "generate" block are extactly 5.00 HBN, even if block not empty and included some transations with fees.
These fees simply disappears somewhere. On other coins transaction fees is included into generate transaction.
Its by design or there are some bug in the code?




This is a legitimate question... blundertoe, shakezula and maybe mullick... this deserves an answer.

Yep will all PoS implementations currently fees are destroyed to slightly counteract inflation. Since fees are not required as a incentive when the PoW reward diminishes their only purpose is to prevent transaction spam. Hence the small fees compared to litecoin ect.

Pos will still generate more coins then transaction fees so it will not cause the total supply to diminish