site is looking great hopefully a good replacement for cryptonit.net
do we know who is running it?
Group of Chinese programmers... if you want to learn more email their support team and ask. At least one of them writes and reads very well in English from the emails back and forth we have had.
Support Email:
support@bter.comAdmin Email:
admin@bter.comOn how they handle Demurrage:
I do understand the demurrage is calculated by the new block height and the old block height. We can do the same calculation as the Freicoin's client do. But by considering the large amount of potential users and operations of the exchange platform, we prefer a simpler way to guarantee a low load of the hosting server and low rate of potential mistakes. Yes, we charge a flat rate every day. We charge 0.017% a day which means accumulatively 6% per year. It's only 1% higher than Freicoin's one year demurrage 5% in case you put your coins on our platform for a year. We are still not sure if this small over-charge can cover our costs or not. Let's see.
