so if i have correctly checked, transaction free is 0.25%, which means if i transfer 10,000 ARO, i need to 25 ARO as fee?
Also, currently its CPU only coin, but what is the future plan, will it move to GPU/ASIC?
Is it an anonymous coin? If yes, how it compares to Monero or Zcash.
0.25% fee is correct. 10,000 ARO needs 25 ARO as fees.
This coin can be mined by gpu. However, using gpu is much worse than using cpu to mine it.
This is a "cpu only" coin, so I think it will not consider GPU/ASIC.
"CPU-only" means that we want many people to have ability to mine (profitable) the coin, which will help distribute coins better.
While have 0.25% fee has some advantage but also disadvantage of being higher for higher value transfers.
So What I propose here is, you can cap fee upto a max value. May be like 0.25% or 2 ARO(for example), whichever is less. In this pay, we will allow less fee for very higher value transactions.
I think that way it will be usable for lower and higher value transfers both
