Re: XRP/XLM, the main thing is that while their TX fees are quite low, their absolute value relative to the dollar is quite high. So the cost of a DDoS/DoS attack is going to be much higher.
Re: SaaS, we've got that already - XDC nodes are spread all around the world, with many hosted by cloud computing companies.
Re: minting, please note, new XDC cannot be minted on-demand, that's impossible; a small amount of XDC is minted automatically to reward nodes every 2 seconds or so (this is typical in PoS networks for the reasons I discuss above), but nobody can flick a switch and mint XDC.
Re: rewards for nodes, the dangers of a reward program like the one you suggest are discussed in my post as well as Jon McBee's post above.
Finally, please note that the only question on the table now is whether to increase TX fees. All of these other questions are related to that question in various ways, which is why I brought them up, but we'll have further discussions and proposals and votes to hash out the specifics of any increase.
Good questions.
Re: XRP/XLM, the main thing is that while their TX fees are quite low, their absolute value relative to the dollar is quite high. So the cost of a DDoS/DoS attack is going to be much higher.
Re: SaaS, we've got that already - XDC nodes are spread all around the world, with many hosted by cloud computing companies.
Re: minting, please note, new XDC cannot be minted on-demand, that's impossible; a small amount of XDC is minted automatically to reward nodes every 2 seconds or so (this is typical in PoS networks for the reasons I discuss above), but nobody can flick a switch and mint XDC.
Re: rewards for nodes, the dangers of a reward program like the one you suggest are discussed in my post as well as Jon McBee's post above.
Finally, please note that the only question on the table now is whether to increase TX fees. All of these other questions are related to that question in various ways, which is why I brought them up, but we'll have further discussions and proposals and votes to hash out the specifics of any increase.
Hi Dust
Thank you for your response.
My vote is yes to increase the tx fees, only if increasing tx fees significantly reduces the amount DDOS attacks from happening on the Xinfin network.