Ethereum Creator Suffers Blowback for Proposing New Crypto Wallet Fees

2019-3-9 02:00

Ethereum creator Vitalik Buterin has proposed a “sustainable” way to fund cryptocurrency wallet development: a tiny per-transaction fee that goes to the wallet’s developers. Ethereum Creator: Crypto Wallets Should Charge Transaction Fees In his view, the fee should be the smallest unit of Ethereum and should be a flat fee, rather than a percentage, so as not to “create a perverse incentive to not optimize gas fees.

” He also thinks there should be a transaction threshold, such as 1 million gas used to send transactions within the wallet. I propose we consider supporting a community norm that client/wallet devs can/should

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