RE: My First Week on Blurt

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My First Week on Blurt

in blurt •  11 months ago 

Thanks. I hope I made it clear in my post that I am not complaining about the fees. It's just that over a few years I've gotten accustomed to the mana and RC system so the fees on Blurt take getting used to. The popup window of how much BLURT an operation will cost might be an unintentional reminder for new users. It's not unreasonable fees but I can see how it would discourage some newcomers to cryptocurrency.

I am sure if this site ran on the ethereum or bitcoin blockchain each operation would still cost a fraction of the respective coin. In that view Blurt transactions are extremely reasonable due to Blurt's current low market price compared to ETH and BTC. I get how the Blurt fee discourages the spamming and bloat of the blockchain.

Now that I think of it maybe the Blurt Power APY kind of slightly renews what is lost in the spent side of the equation. The default 75% BP reward for a post gets a little over 2% APY as long as you don't power down. Haven't done the math on a napkin but it seems like the APY for the BP reward pays for the post transaction. Maybe that is the way to explain it to a newbie.

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