Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!
by
glop
on 06/07/2014, 22:44:48 UTC
40SLM transaction fee for sending coins from wallet?! WTF?!

Only if you transfer to BTER

I didn't have to pay 40SLM (or anything close to that) when I transferred SLM to BTER.

Yes, it was a joke..

   As long as fee are calculated on forfeit basis; the fees will be high for concatenation of many small transactions (like mined transaction).
   IE: The fee are paid for any transaction so when you create a payment with multiple small received transactions, you aggregate the fees. For example if you want to create a transaction of 40 with 40 small of 1 it will takes 40 times the base fee.

   I do not understand why on wallet (for any coin), the fees are not calculated as % because the forfeit is disadvantaging small transactions.