Quote from: coblee on November 17, 2011, 07:06:25 PM

Quote from: Rejinx on November 17, 2011, 06:26:24 PM

Quote from: coblee on November 17, 2011, 12:28:36 PM

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.

Actually, I'm still unimpressed that a change to the economics has been made and the only discussion is an apparent IRC chat about it.
The change is not discussed in the litecoin forum either.

I guess you also took my comments before as 'to be ignored'
Again, it's not an issue that I made a suggestion about how much the fee should be, it's an issue that you seem to have taken it upon yourself to decide what the fee is and then implement it. and then say
"As ltc prices rise, I will readjust the fees as necessary."

Yes this is a change to the economics and since it isn't actually a proper solution to the problem, it's not something that should be changed at all without some form of agreement from the LTC users in general.
I was still getting micro txn's an hour ago.

Or are you saying that if you make a decision about what to change and what not to change that's all that is necessary?
(and I'm sure you understand what I mean by that)

Again, if you really do feel this micro txn spam is more than litecoin can handle, then don't expect litecoin to last very far into the future when there will be a lot more non-micro txn's

... and lastly I will add: do you ignore dissent or consider there might be a reason for it?