Re: [ANN][WEBD] 🌍 WebDollar - Currency of the Internet

First, I like the whole experience, except the implied value of the coin through your choices. How much should I think web dollars are worth when it costs 10 to just make a transaction? Is that going to change, or should we map the numbers to 1/1000 of the face value?

I just saw the post saying you can set the fee. I did a default send of one block reward from one address to another, and it cost 10 WEBD! I think you really need to fix the default.

Hi guys, I just did a transaction and it went through with 0.01 fee. So I don't really get your point. All you have to do is edit the fee.

You cannot read, can you? I have already written that I have made transactions with as little as 0.01 WEBD, but this only after having ripped of by the default fee, which is outrageous. Now my question is: why is the default fee so outrageously high? Is it just a mistake (I don't think so) or is it intentional? Well, if it's intentional then we should ask which is the purpose of such an absurd fee. Is it perhaps because most of the people won't check it and go with the default? Devs speak of mass adoption, and 99% of people out there have no idea what fees in cryptos are, they barely know what cryptos are. So which is the idea behind such an absurd default fee? I have my opinion on that, which I have expressed with a word which exists only in Romanian ("smecherie"). Let's hear what others are thinking about that.

I'm guessing when you send 50K you pay 10webd as fee, that is still a trick("smecherie") to rip you off and enrich the miners? Lol
There is no need to accuse anybody of bad intentions, this is obviously an aspect nobody cares about at this point(I mean the team) because is not important, as they had much more stuff to do. But I certain they will improve the default fee to adjust for the smaller values also, as soon as they can.

I personally couldn't care less of spending 10 or 100 or even 1000 WEBD for sending the coins I've mined on one machine to another wallet, but unlike you I see the big picture and I notice contraddictions. As early adopters we are now sending coins in the thousands (lucky you if you have managed to mine 50K already, I guess most of us are not that rich yet), but the team is boasting to aim as mass adoption and as mass adoption would come people would likely send only a few WEBD at the time, in which case such default fees are simply absurd.

Thank you for rising this thing up. We thought most of the miners will transfer more than 1000 webd because webd has a small price at this moment and within the time, we will update to a feels by default within the time. Now this was made for avoiding transaction spam in the network but with the time we will change that for sure.

Well, this answer makes a sense. But of course also my question did, before knowing this answer