Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] FoxCoin - A Fully dynamic Cyptocurrency [RELEASING 11PM 2014-1-20 GMT]
by
KhatSilverwing
on 19/01/2014, 22:10:48 UTC
I definitely see your point. Current tx fees are 0.0001 (I think?) which is already a bit low as it is. Meaning that sending 1 cub plus tx fees = 0.00100001

So tx fees would be 100 FOX if we did that. BUT it wouldn't be too late to meet at the middle road and make one mFOX a FOX? (0.001 FOX) so tx fees would be 0.1 FOX which, in my humble opinion, is 'just' within the acceptable range for a user.

Please post thoughts on this.

That scaling would indeed make more sense. Though would that shifting be universal? Or only present in the wallet? Because if it's only present in the wallet then it'd likely just end up being confusing - in that case it'd make more sense to keep a FOX as a whole coin with a defined mFOX designation of cub or kit. Basically it's a fun idea, but I'm not certain on the implementation side how well it'd actually work.