There was a thread discuss transaction fee , why I open a new one , because this thread does not focus on if the fee high or low , it focus on when need low fee , when need high fee, and how to adjust it .
My core mind want to express is one sentence : we cannot let a baby to earn money.
I am an old man in this thread ,but today I want to introduce me more , I am a big fans of BTS, yes .
I am a big fans of bts, I think , I spend most of my spare time on this, help user resolve all kinds of wallet problem.
I manage a qq group in China include most of bts fans and active investor.
I hire a high speed vps in China run full node since bts launched to support bts user that network block by GWF, now supply a bts 2.0 API data source. ws://btaer.com:8090
as non-IT worker ,I learn nodejs and run a faucet website for user register from China till bts1.0 stop , help several hundreds of people to register account.
and I think many bts fans like me ,and do more thing than me .
back to main topic
Debating about fee is very violent, many people think fee is fit , but most of people from China think fee is high,
low fee make bts system cannot get profit ,and also influence referral program ,but other people think high fee cannot attack new user.
I had a suggestion in the old thread , but I glad to emphasize it again , the purpose it make we focus on when charge high fee , when low fee is needed .
my suggestion is adjust fee according to average transaction per second (TPS)
we can select a term , such as 15 days as one months , adjust the fee according to TPS value
1. if TPS<=5. fee=2bts or $0.01
2. if 5<TPS<=10 , fee=4bts or $0.02
3. if 10<TPS<=20, fee=6bts or $0.03
4. if 20<TPS<=40 fee=8bts or $0.04
5. if 40<TPS<=80 fee=10 bts or $0.05
6. if 80<TPS<=160 fee=12bts or $0.06
7. if 160 <TPS<320 fee=14bts or $0.07
8. if 320<TPS<=640 fee=16bts or $0.08
9.if 640 <TPS<=1280 fee=18bts or $0.09
10. if 1280<TPS<=2560 fee=20bts or $0.10
11. if TPS>2560 fee=40bts or $0.20
my core mind is "we cannot let a baby to earn money"
high fee supporter think BTS must been a system with profit , yes ,if the TPS reach to 160+ TPS , fee per tx is 0.06 , the fee income per day=0.06*160*3600*24=$829,440 , one year is $300M , I think no one doubt profit capacity of bts
but now bts is a baby, we cannot let a baby to earn money .
when TPS <=5 , the fee is only $0.01, it is basically free , it have big attraction to new user.
it also does not influence referral programs .