Quote from: tnrmedia on February 19, 2019, 09:46:35 AM

Blockchain transfer fee is very high.

When will be the daily restriction of 1,000,000 tokens per day will be removed?

You just outed yourself as being among the first 10,000 users. Wink

Anyway, congrats.

I don't know the answer to your question (or if they ever plan to remove the restriction). However, the fee is so high because the token is worth almost nothing, but yet, they have to pay the transactions fees with it (actually they don't: their addresses are pre-loaded with ETH to pay the transaction fees, and they just collect the equivalent POW, so if the token should gain in value later on, they win).

It's awfully quiet around the devs lately. I wonder what they're doing (or if they're doing anything). One thing they should do IMO (once their rig is sufficiently stable) is market the hell out of POWlite. I don't think of the setup so much as a cryptocurrency. It's more like a centralised social media payment system with a blockchain functionality tacked on. Which could be pretty cool in its own right: a fee-less payment system (they don't need fees: if it takes off, they're going to be rich via the blockchain portion), easy to use for all the social media users who know shit about cryptos.

On the technical level, I wish POWlite had an API. Integrating POWlite as a payment system into apps could be a great multiplier.

Oh, and if it ever takes off, the fees will go down drastically. The restriction, on the other hand, will be meaningless except for a very small number (compared to the total number of users) of rich people.