to maintain the transaction fee at 1%. So basically..
Sorry, but I have bad news for you. Tx fee is not related to the amount of coins transacted. One can easily pay for 100 BTC transferred less than another for 0.001 BTC. The tx size in bytes is the one that matters and I find in nowhere in your equation.
"So basically"... all you wrote is completely off and worthless.
May I ask are you in the dev team?
Firstly, yes it is. The fee that the sender is willing to pay depends on the amount he is transferring.
Secondly, the block size limit have a direct impact on transaction fees for obvious reasons.
So basically, what exactly is your argument?
