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Author Topic: Which coin has the lowest transaction fees as it scales?  (Read 815 times)
annette786 (OP)
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March 27, 2013, 02:44:10 AM
 #1

Which coin has the lowest transaction fees as it scales?  Is there a coin that will eventually be able to do true micro-transactions.... like for $.0001?
chriswen
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March 27, 2013, 02:58:30 AM
 #2

ripple?  It's a platform though not a coin.
Ignore@YourPeril
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March 27, 2013, 03:30:01 AM
 #3

Freicoin wins here, hands down.
annette786 (OP)
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March 27, 2013, 04:04:37 AM
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Freicoin wins here, hands down.


Kindly expand on this.  The stuff I read centers around demurrage.  Thanks.
chriswen
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March 27, 2013, 04:05:33 AM
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you know what ripple is?
Ignore@YourPeril
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March 27, 2013, 04:28:45 AM
Last edit: March 27, 2013, 04:59:23 AM by Ignore@YourPeril
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Kindly expand on this.  The stuff I read centers around demurrage.  Thanks.

Freicoin is the goose that lays the largest golden eggs in perpetuity. The miners (egg collectors) will do whatever it takes to keep this goose healthy. Smiley

Demurrage will soon function as an indirect tx fee subsidy with 5% of the coins transferred from holders to miners every year. This is an important motivation for miners to follow the devs in any necessary changes to keep tx fees low.
markm
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March 27, 2013, 04:40:48 AM
Last edit: March 27, 2013, 10:38:12 AM by markm
 #7

Transaction fees in DevCoin work out pretty cheap in dollar terms.

-MarkM-

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H@ml3t
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March 27, 2013, 09:59:54 AM
 #8

PPCoin and NVC will have the lowest transaction fees in the long term, as they don't need the fees for network security.
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