Author Topic: Delegate Pay Rate Change  (Read 6631 times)

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Offline roadscape

Interesting.. fees deflate, and pay inflates.

Transaction volume will no longer influence delegate pay.
Could this at all affect the incentive for which transactions are included in a block?

For example, couldn't a delegate process 0 transactions and still get paid?
Would they just have to get voted out?
http://cryptofresh.com  |  witness: roadscape

Offline bytemaster

It is our intention to reset all existing delegate accounts to 3% pay rate upon the upgrade to delegates paid with dilution.  3% will be 1.5 BTS per block which is about what delegates get paid on average right now.   Fees will be burned, so the end result of this change will be no dilution for any current delegates.

New delegates seeking a dilution-paid position should start their campaigns after Nov. 5th (the next hard fork).


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