Introducing Namespaces

dont know if I missed this, but is there a summary of all the fees involved by amount for the actions taken on Mosaics and Namespaces?

root namespace right now is 50,000 XEM, sub namespace is 5000 XEM, and creating a mosaic is 108 XEM.

the 50,000 XEM target was set with about a $5 a year price in mind. As the marketcap of NEM rises, this will need to be lowered.

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Ah. And right now to create a mosaic is 108

Creating a mosaic definition is 50_000 XEM. Changing the supply is 108 XEM.

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How can I undo only the created namespace? By chance I created it and I do not need it.

You cannot undo the creation of a namespace, it is a transaction that creates it and it will sty in the blockchain forever (though the namespace will die after a year).

I really wanted to get ready to start harvesting and accidentally climbed into the namespace. Help 5000 xem for me is very big money (

http://chain.nem.ninja/#/namespace/b17ab9eee256afacc41537bc1d5df9ad1a49187b34162ce15d680574c4ba9fc0

Sorry, this is blockchain technology, it can’t be undone :slight_frown:

You can sell it to someone perhaps, try asking if anyone needs it.