Litecoin version 0.5.0.5 has been released.
- added minimum fee of 0.1 LTC for low priority transactions to deter transaction spam
0.1 seems a bit high, Why not 0.01, that would be high enough to kill the spam.
Bitcoin fee is 0.0005 btc, which is $0.0011 at today's prices.
At 0.1 ltc fee, which is 0.00063 or $0.0014 at today's prices.
I think that's about right. As ltc prices rise, I will readjust the fees as necessary.