Well we all know why the fee's are in place but doesn't change the fact that it defeats the purpose of having such a currency.....so I think you can come up with a tad better solution then this.
All the push for cryptocurrencies;
oh don't give the big banks your fees, and there is none of these big evil central banks.......yet using ltc the transfer fees are larger then any bank I use, and now you're pushing to be on Mt Gox......so what then is you're reasoning for existance?
The current fees are from an accident of history. There has been no development of Litecoin and no releases for a year. The current LTC dev team is newly organized as of March with rapid development from May. The team is now in the process of rolling out many bug fixes and lower fees to match prevailing market conditions. Check out the news:
https://plus.google.com/104307324656397909502/postsLitecoin is NOT FOR MICRO-TRANSACTIONS. It makes no sense to allow thousandth or millionth of a cent transactions on a public ledger that only grows forever. Litecoin has made the conscious decision to discourage stupid uses of the ledger using market-based behavioral incentives, thus allowing the blockchain size and UTXO set to grow with proportion to actual user adoption. These rules were in place from November 2011, and are likely a major contributing factor to the survival of the coin while so many others have failed.
If you don't like it, you are welcome to use any of the other coins. Bitcoin, for example, you might have heard of it. Bitcoin has an entirely different philosophy, to the extent that the chain storage is rapidly growing beyond the level of comfort for the casual home user. Learn more about Bitcoin's political battle over inefficient growth at
Keep Bitcoin Free.
