pakage
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March 22, 2015, 02:20:28 AM |
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Thanks for that Pakage!
BTW i noticed a 5% transaction fee? Is that correct or a typo?
That is intentional. The percentage is adjustable and is still up for debate though, we do want it to be as small as possible. The transaction fee is not designed for us to skim profit, it is simply to cover hosting costs since this is a community project, not a business. The anon network consists of about a dozen server instances (which we've been paying for personally so far) that we need to have up and running for it all to work. None of these are free, so this transaction fee is how the network will cover its own costs. 5% is probably where it is going to start until the price and volume start to rise. As the volume grows, we will be able to scale back the transaction fee, probably down to about 2% or even 1% and still cover the server costs. Ideally we would survive on donations alone and scrap the fee all together, but we just have to see what balance will work out. Make sense?
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█ | ████████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ████████████████████████████████████ | █ | NAV COIN ▪ ANONYMOUS SUBCHAIN TRANSACTIONS ▪ NAVCOIN.ORG ▪ BITCOINTALK.ORG |
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Remy_5
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March 22, 2015, 02:24:34 AM |
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2 weeks before when I have full synchro I have 115 000 NAV on 2.04 windows wallet. I stake coins and was all ok. Now after upgrade today my wallet from 2.04 to 2.06 and blockchain because not synchro I lost 50k navs Don't worry. Some time happen, especially after a fork. Sent PM. Typically for problems like this should be sufficient to follow these steps: 1) With the wallet closed make a backup copy of the wallet.dat saving it in another position, or with a different name. 2) Start the navajocoin-qt.exe 3) In the "Debug Window" \ "Console" write the command: checkwallet 4) If the answer is not "" wallet check passed ": "true" ", then you can use the command: repairwallet This command checks the contents of the wallet with the data inside blockchain, and in most cases solves the problem. If not, ask again. Bye Bye
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racer2012
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March 22, 2015, 02:30:32 AM |
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Thanks for that Pakage!
BTW i noticed a 5% transaction fee? Is that correct or a typo?
That is intentional. The percentage is adjustable and is still up for debate though, we do want it to be as small as possible. The transaction fee is not designed for us to skim profit, it is simply to cover hosting costs since this is a community project, not a business. The anon network consists of about a dozen server instances (which we've been paying for personally so far) that we need to have up and running for it all to work. None of these are free, so this transaction fee is how the network will cover its own costs. 5% is probably where it is going to start until the price and volume start to rise. As the volume grows, we will be able to scale back the transaction fee, probably down to about 2% or even 1% and still cover the server costs. Ideally we would survive on donations alone and scrap the fee all together, but we just have to see what balance will work out. Make sense? Does make sense pakage Go Navajo
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Remy_5
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March 22, 2015, 02:33:34 AM |
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5% is probably where it is going to start until the price and volume start to rise. As the volume grows, we will be able to scale back the transaction fee, probably down to about 2% or even 1% and still cover the server costs. Ideally we would survive on donations alone and scrap the fee all together, but we just have to see what balance will work out.
Make sense?
The idea of fee which is based on percentage make sense, seem fair to me. Good work Pakage! Bye Bye
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hashforce101
Legendary
Offline
Activity: 1050
Merit: 1000
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March 22, 2015, 03:21:33 AM |
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NavajoCoin Asynchronous Encryption Technology - Official Release 23rd March 2015
Go Live!
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heartastack
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March 22, 2015, 03:28:46 AM |
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Dark pumping on a dying breath?
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Kunfu
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March 22, 2015, 03:44:31 AM |
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hashforce101
Legendary
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Activity: 1050
Merit: 1000
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March 22, 2015, 03:48:03 AM Last edit: March 22, 2015, 06:04:54 AM by hashforce101 |
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hashforce101
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Activity: 1050
Merit: 1000
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March 22, 2015, 03:48:27 AM Last edit: March 22, 2015, 04:17:27 AM by hashforce101 |
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Thanks kunfu! All the pieces are coming together nicely Edit : Bittrex Beta shows the full buy and sells on the exchange
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ivankoh
Full Member
Offline
Activity: 1456
Merit: 120
Buzz App - Spin wheel, farm rewards
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March 22, 2015, 04:17:53 AM |
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OMG this is going to the MOON. faster grab more.
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vince232
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March 22, 2015, 04:28:52 AM |
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i just hope this wont be another empty promise
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Ginger Ninja
Sr. Member
Offline
Activity: 373
Merit: 250
They walk among us...
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March 22, 2015, 04:39:59 AM |
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Thanks for that Pakage!
BTW i noticed a 5% transaction fee? Is that correct or a typo?
That is intentional. The percentage is adjustable and is still up for debate though, we do want it to be as small as possible. The transaction fee is not designed for us to skim profit, it is simply to cover hosting costs since this is a community project, not a business. The anon network consists of about a dozen server instances (which we've been paying for personally so far) that we need to have up and running for it all to work. None of these are free, so this transaction fee is how the network will cover its own costs. 5% is probably where it is going to start until the price and volume start to rise. As the volume grows, we will be able to scale back the transaction fee, probably down to about 2% or even 1% and still cover the server costs. Ideally we would survive on donations alone and scrap the fee all together, but we just have to see what balance will work out. Make sense? As always a perfect explanation mate I do remember posting myself ages ago if there was anyway we could include a fee to help with Dev costs etc. and i like the way that it can be scalable with volume etc. Thanks again for all your hard work!
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hashforce101
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March 22, 2015, 04:47:55 AM Last edit: March 22, 2015, 04:58:55 AM by hashforce101 |
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hashforce101
Legendary
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Activity: 1050
Merit: 1000
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March 22, 2015, 06:48:35 AM |
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hashforce101
Legendary
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Activity: 1050
Merit: 1000
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March 22, 2015, 06:52:05 AM |
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Don't know which Government is buying up all the coins - American? http://navajocoin.org/rich-list Place Address Amount 1 sWqp2puWCnc1SfyXAQJPCW6U64obhK6grR 8,100,100
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