BitShares Forum

Main => General Discussion => Topic started by: joele on March 16, 2015, 03:19:49 am

Title: UIA fee will increase by 10x in v0.7
Post by: joele on March 16, 2015, 03:19:49 am
https://github.com/BitShares/bitshares/issues/1049

Start creating your UIA now.   :)
Title: Re: UIA fee will increase by 10x in v0.7
Post by: yellowecho on March 16, 2015, 04:10:49 am
One BitShare costs $0.0088. Makes sense IMO
Title: Re: UIA fee will increase by 10x in v0.7
Post by: btswildpig on March 16, 2015, 04:17:25 am
It was a suggestion I made back in Nov , 2014 .
People was registering good asset names like crazy with little cost , even some name looks like system assets .
So I suggested to raise the price just to prevent this kind of craziness .
Title: Re: UIA fee will increase by 10x in v0.7
Post by: BunkerChainLabs-DataSecurityNode on March 16, 2015, 05:03:22 am
I don't know if we really want to increase the cost by that much.

I think having them comparable to the cost of a domain name is reasonable.. now they are even less than that... but if market cap increases then the cost will go up with it.

Remember that assets (that are used) increase volume overall in bitshares and so there is ongoing benefit.

I do agree that something better could be done to prevent name hording.
Title: Re: UIA fee will increase by 10x in v0.7
Post by: Thom on March 16, 2015, 06:23:22 am
I don't know if we really want to increase the cost by that much.

I think having them comparable to the cost of a domain name is reasonable.. now they are even less than that... but if market cap increases then the cost will go up with it.

Remember that assets (that are used) increase volume overall in bitshares and so there is ongoing benefit.

I do agree that something better could be done to prevent name hording.

100% in agreement with this. It seems counter-productive for adoption to raise the price. If the issue you're trying to prevent is name grabbing lets find a better solution.