Me and 3 friends have been discussing lately about creating our own crypto currency based off bitcoin on the SHA-256 algorithm. Bitcoins intention is to make peer to peer transaction with LOW FEES this is not the case any more and bitcoin fees reaches to 26$ per transaction which is in my opinion outrageous. We wish to create a cryptocurrency that eliminate those problems and make fees great again !
We intend to make a bitcoin like sort of structure. There are a lot of discussions around this subject and we find it very interesting to find a right balance between users and miners. What do you think about the perfect cryptocurrency and how can we develop this the right way without having those problems bitcoin is having.
Should we for example :
* increase coin limit : to 42.000.000
* 5 minits inbetween block generated.
* increase max block size
* more blocks for each halvation
Please share your thoughts and ideas and maybe we can create a great cryptocurrency.
Honest regards TheRhinoProject.