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Final version of BSIP #10

oxarbitrage-patch-1
neura-sx 2016-01-27 13:55:44 +01:00
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@ -37,7 +37,6 @@ Apart from that, we would like to make detailed documentation a crucial part of
This documentation will hopefully become the foundation of a larger tutorial for Graphene developers. The work on this material has already been started and a brief preview can be accessed [here](https://neura-sx.gitbooks.io/graphene-book/content/).
# Rationale
The simplest way to solve the "high transfer fee" problem would be to lower transfer fees for all assets. However this would effectively negatively affect the referral program. On the other hand, a simple percentage-based transfer fee system is not doable, as for most assets we do not have a viable way to determine their exact value at any given time. This is mainly due to the fact that most markets are very illiquid but also due to the difficulty of establishing an asset's price in a manner which is deterministic enough to reliably prevent unintended hard-forks.
@ -125,6 +124,5 @@ There are the following issues and limitations that cannot be overcome due to te
* If the committee decides to apply percentage-based fees to SmartCoins, our partners (e.g. exchanges, gateways etc) need to notified in advance, so that they have time to adjust their applications, and make sure those applications and their pricing policy are compatible with percentage-based fees.
# Copyright
This document is placed in the public domain.