Post
Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN][TWIST] TWIST : Revolutionising Blockchain Accessibility 🚀
by
TWISTdeveloper
on 01/04/2018, 11:44:23 UTC
Quote
When a TWIST ID is registered, a transaction is debited from the registering address for the amount of 50 TWIST (currently around $0.15). This 50 TWIST fee is a necessary control to deter individuals from registering large amounts of TWIST ID’s.

That is an interesting concept.

If we had a small fee (e.g. 1 TWIST), an individual could very affordably register thousands of TWIST ID's (e.g. using common first names or popular usernames). Those ID's would then be unavailable to register for other users.