Oh thanks for the compliment
Although the transaction fees cannot be too low as it's the only defense against transaction spamming attack.
PPC fees are perfectly acceptable in our opinion
We usually see automatic fees of 0.01 ppc for most transactions that require any fee.
Litecoin unfortunately, the fees are a bit unreasonable for some amounts, eg 0.1 LTC fee for sending 1 LTC = a fee of 10%.
Sending a fraction of a litecoin, eg 0.666 LTC and the fee is often 0.4 LTC .
Litecoin fees will be adjust as litecoin prices rise. For now, I don't think it's unreasonable to charge high fees for sending such a small amount of litecoins. 1 LTC is only 7 cents. If you don't get charged a high fee for sending thousands of 7 cents transactions, then everyone has to pay the price (relay/mine/store) for this "spam".
Hello Coblee
, firstly thank you for creating litecoin. It was the altcoin that triggered our interest in the rest, thank you for you hard work and its great to see you active on the forums.
The issue we have is ltc fees are significantly higher than other alt coins and ltc is also the most valuable by far.
The unfortunate side effect of this is that for gambling at least, litecoin is not as attractive as say TRC.
Also it superficially it detracts from the value of a single coin, knowing the 10% of that coin is likely to be spent just transferring it.
That being said, litecoin has outlasted the other altcoins and we acknowledge that this could be the reason.
So we respectfully disagree and ask again:
lower the fees, pretty please with sugar on top
