Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Datacoin] Datacoin blockchain start announcement (just launched)
by
cryptohunter
on 20/11/2013, 02:03:59 UTC
So the transaction fee does not increase with the size of the data being sent?  Personally, I think the more someone stores in the blockchain the more they should have to pay in a fee.

Sorry, I'm not clear enough Sad
Here are details and example:

Minimal tx fee is 0.05DTC => any tx will cost at least 0.05DTC
1Kb fee is also 0.05DTC => tx fee = tx size * 0.05DTC

Let's check how this works (I use non-hp version of daemon and perl scripts from https://github.com/foo1inge/datacoin-browser):

"balance" : 31.83000000,

$ perl dtc_put_file.pl ubuntu-12.04.3-alternate-amd64.iso.torrent
db0bbf965ee6da1d6e546b5d5b0d6f8a0934687d9ea7b9fd9af91491cfb7011a

"balance" : 30.33000000,

ubuntu-12.04.3-alternate-amd64.iso.torrent is 29Kb long

Total fee for 29Kb (+ some meta information added by scripts) is 1.50 DTC (30Kb * 0.05 = 1.50).

Those fee can't be correct can they?  any tx fee is 0.05DTC?  the entire blocks are only 15DTS and shrinking.