Is there a good argument for: Why wouldn’t @0xProject take a tiny txn fee per txn for all txns using their protocol? Essentially the Stripe of cryptocurrency.
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Replying to @blairlmarshall @0xProject
that goes against the whole raison d’être of blockchains as middlemen disintermediators; it could just be forked to have no fees, or people will go to another protocol that doesn’t take fees
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Replying to @MustStopMurad @0xProject
Totally understand that, but only way to capture value is through network effects of a liquidity pool. You could 'monetize' that value with txn fees or a token. Struggle to see ZRX capturing value for on-chain governance. So why not just collect tiny fee for trillions of txns?
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Replying to @blairlmarshall @0xProject
because the fees, however little, would be a friction to everyone building on the protocol and using the protocol. the big point is — maybe the value *shouldn’t* be captured at all!
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Replying to @MustStopMurad @0xProject
You already pay a txn fee, you are just barely increasing the txn cost. users wouldn't even realize some of it is going to 0x. Would have no additional friction. If you don't capture value, then why are you wasting your time.
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decentralized exchanges will capture some value, decentralized exchange *protocols* for decentralize exchange won’t, and should not. That is the best way. This is a global optimum. Your proposal is akin to having TCP/IP charge fees Free, open protocols are the key to the future
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I believe the purpose of blockchains is to *destroy* as much value capture as possible
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