I hear the people in this topic have decided to switch to a 0.1 Nxt fee? I've done some math and that would be only be enough to allow use to break even if we had ~50 forgers at a time. Point is, it's way too low.
Fee structure proposal0.4% transaction fee
0.05 Nxt per message
30 Nxt per alias registration
Didn't want to clog up this forum with a long post plus it would be really nice if we could start using other forums instead of everything in one place, no matter how loosely related.
Point is, here's the math and reasoning to back this up:
https://forums.nxtcrypto.org/viewtopic.php?f=2&t=785Please go comment and let me know what you think about these numbers!
Just saw you math, but you make one wrong assumption and that is that transactions stay as they are now.
This is because there isn't anything else to DO with Nxt at the moment than trade on exchanges or between users, buy aliases and send messages (not data yet)
If you want a fair comparison, you would need to do for instance a calculation on a situation where you get a 5 time increase and 10 x increase in transactions.
I agree that alias registration could be more expensive. That's a fair proposal. BUT, remember, once aliases can be traded (as they were supposed to be, don't know if that is still on the cards. Devs?) then you will have a run on aliases now and again. This means a bidding war, which will skyrocket fees for a while, making the average fees much higher.
The main flaw, however, is that you take the status quo as the basis, where most proponents of the lower fee take a growth model as the basis.
Could you do some more calculations? I'm willing to be won over, but it will take cold math to prove me wrong
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