Quote from: Vod on February 28, 2018, 02:11:57 AM

Quote from: lockept93 on February 28, 2018, 12:02:15 AM

Quote from: Vod on February 27, 2018, 11:13:30 PM

Quote from: lockept93 on February 26, 2018, 12:38:07 PM

The transaction fee is determinated on 0.0001 % of any amount. 50% of the transaction fees goes to the miners that solve the transactions, the other 50% were burned! This is how the coin regulates itself.

Can you explain this?

How does burning 50% of the transaction fees prevent the coin from becoming worthless after it is launched?

Every coin is worthless after launch. And nobody said the burning function prevent the coin becomming worthless. If nobody use it, nobody want it and nobody buy it, then it becomes worthless like everything else would do.

Ok, so burning the transaction fees in no way helps regulate the coin.

You shouldn't claim it does.

Let's say it "could", sure it don't exclude the first steps of every currency - get known, used and believing in the concept.

But if this coin reaching this point, it would be regulate itself depending on transaction numbers and values.