Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
jl777
on 08/02/2014, 01:20:47 UTC
NXT Vote on Transaction Fees seems no longer discussed.  So... my final tally:

Fee AmountVotes
0.0000011
0.0012
0.0110
0.051
0.0552
0.137
0.252
0.17

Mean: 0.184870983870968
Median: 0.1
Mode: 0.1

http://i.imgur.com/jQzwKMG.png

Google Doc:
https://docs.google.com/spreadsheet/ccc?key=0Akjrt0LTBXgcdFFkSGMwXzd4Q2NPU21yU2NOYWVldlE&usp=sharing

This marks the end of my tally.  If someone else wants to continue, I can give permissions on the google doc.  Send me a PM.

Cheers!

I would say we finish this and implement the 0.1 NXT fee.
we should continue to vote.
I think Nxt transaction fee is too little,we may need increase fee to let the nodes be willing to run for fees.
Sometimes, less is more.
With NXT being able to be used for more than payments, we need to make sure we are not pricing the usage too high. We could very well end up with higher forging per block with a lower minimum fee!

Basically, 99% taxation appears to get a much higher tax revenue than 10% taxation. however, the higher rate kills any economy while the lower rate could easily generate more than 10 times the revenues.

James