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RE: To Defend Hive Improve Hive

in LeoFinance2 years ago

However, that does not mean the internal exchange has to be void of transaction fees. Most exchanges charge some type of fee. Here again, we could charge a minimal .25% or .5% on each transaction.

I think that this is a bad idea.

Hopefully there will not be a transaction fee on the internal market. The current state is a perfect example why the Hive blockchain (including the internal market) is better than most of the other blockchains and exchanges.

Why would anyone want to make any part of the Hive blockchain (including the internal market) similar to other blockchains and to other exchanges? This would destroy one (or more) of the unique features of the Hive blockchain. Unique features, which makes the Hive blockchain special in the cryptocurrency world.

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How would it destroy the unique feature of Hive? There is still feeless transactions. You are not charged to comment, upvote, or even to send money. That would all be the same.

But when exchanging tokens, isnt it worth a small fee to do it since you cant do it for free elsewhere? Especially since it would be going into Hive Power to help defend the system.

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But when exchanging tokens, isnt it worth a small fee to do it since you cant do it for free elsewhere?

This. You cannot do it for free elsewhere. This is a thing available excusively only on the Hive blockchain?

This is a unique feature, and by introducing even a small fee, you would destroy it, making the Hive blockchain less unique, even if comments, upvotes and money transfers are still feeless.