Quote from: TECSHARE on November 13, 2014, 07:58:50 AM

Quote from: JCJr222 on October 24, 2014, 03:46:56 PM

Quote from: TECSHARE on October 23, 2014, 07:58:29 AM

Funny how you complain about the high fees while simultaneously complaining about how mining doesn't pay enough....
The fees are the only thing keeping the network running, and when you compare it dollar for dollar to any other crypto, it is quite a reasonable transaction fee.

cyberpinoy: the fees are also calculated by KB size added to the block. If you input a bunch of tiny transactions, it is going to cost you, because there is a limit on the KB size per block to prevent spam attacks and chain bloat. This isn't the client's fault, its yours for not being aware how it works. This is a fairly standard function for most coins, and it is a feature that keeps the network running. BTW I will play a little violin for your lost fractions of a penny tonight.

So I am going through the list of coins that the old CryptoRush hosted trying to determine which coins are dead and which are still functioning so we can list them again/repay old users their coins. From the looks of it this coin is still around, but I have to agree those fees are insane. If this is the case we will not be hosting it and will have to add it to our debt. There is no way we could charge these crazy withdrawal fees to our customers after everything they have already been through.

I do understand how fees are in place to avoid small transactions and blockchain spam, however charging a fee of 6,800 coins for a transaction of 9,744 coins is ridiculous no matter how you attempt to explain it.

Actually its not if you examine the actual dollar value of the transfer. If it is too cheap then it is easy to spam the chain inexpensively.

Agree
If you put the time needed to mine 5k,it is a lot of money...
Time is money
Mining other for now.