Quote from: Anne8 on March 04, 2018, 11:48:00 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?

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.

Imo 0.0001% is a small fee and let me discribe it with an example:

You send 10k GreenCredits to your friends wallet. The fee would be 0.00100000 GC in that case.
0.0005 GC go to the miners, the other 0.0005 GC will burned with the transaction.