Increasing the size of the value field

Luceo
Posts: 6
Joined: Mon Jul 02, 2012 12:12 pm
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Re: Increasing the size of the value field

Post by Luceo »

I'd rather see any fees in tx fees, of up to 1NMC.

This would help to get more Namecoin out to other users instead of locking them away.
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khal
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Joined: Mon May 09, 2011 5:09 pm
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Re: Increasing the size of the value field

Post by khal »

Luceo wrote:I'd rather see any fees in tx fees, of up to 1NMC.

This would help to get more Namecoin out to other users instead of locking them away.
This a good idea.
That would avoid us to change another network rule (the locked 0.01NMC for name fees).

It means we would have different a different value for tx fees on names than tx fees on standard tx.
Here is what it would look like with tx fees of 0.50NMC per KB (for example) :
- name_new : 0.01NMC locked + tx fees of 0NMC or 0.50NMC if forced
- name_firstupdate : 0NMC (or 0.50NMC if forced) to 4.50NMC (+ the lost 0.01NMC)
- name_update : 0NMC (or 0.50NMC if forced) to 4.50NMC (for tx with a size of 9KB)

What do you think ?
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phelix
Posts: 1634
Joined: Thu Aug 18, 2011 6:59 am

Re: Increasing the size of the value field

Post by phelix »

Not sure if that came out clear above: I totally agree with the new size for the value field of 9k

About the fee issue: I would keep things as simple as possible or maybe even make the fee structure simpler than now.

* Fixed minimum tx fee no matter how old coins are
Every tx takes up space in the chain so it needs to be paid for.
(This will make it much easier for pool operators to raise fees)
Additional fees for large tx

* Default fees of the client 10x or so higher than minimum fee to make the market more "elastic"
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phelix
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Re: Increasing the size of the value field

Post by phelix »

khaaaaaaal
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khal
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Re: Increasing the size of the value field

Post by khal »

phelix wrote:khaaaaaaal
I'm back :p
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moa
Posts: 255
Joined: Mon May 23, 2011 6:13 am

Re: Increasing the size of the value field

Post by moa »

he's baaaaaaack :)

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