Post
Topic
Board Altcoin Discussion
Re: [Concept] ECredit - System [New Cryptocurrency]
by
Anne8
on 04/03/2018, 11:48:00 UTC
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?

I dont know exactly what it is and how it works but as normal condition, burn 50% of total get make the lower fee compare with other.
And also people more interest with cryptocurrency which is applied small fee.