"asset_reg_fee": "151,295.55840 BTSX",

[changematey]

You can view the accumulated transaction fees via the get_info call in the CLI... these are slowly paid to the delegates over 2 weeks. 

Code Select Expand

"blockchain_accumulated_fees": "150,446.30993 BTSX",

I am just wondering wouldn't this make holding on to your BTS more valuable (coupled with the fees being destroyed by delegates).

[Simeon II]

You can view the accumulated transaction fees via the get_info call in the CLI... these are slowly paid to the delegates over 2 weeks. 

Code Select Expand

"blockchain_accumulated_fees": "150,446.30993 BTSX",

Sure thing... I see CEOs burning money on the way home every day
I see.

The idea of shareholders owning the DAC has turned into the board of directors owning the company...
How typical and how fast the crypto world follows the same path as the meat world.

Except shareholders pick the delegates and the delegates can have hard-coded destruction of funds...

Sure thing... I see CEOs burning their money, on the way home, every day.

[bytemaster]

You can view the accumulated transaction fees via the get_info call in the CLI... these are slowly paid to the delegates over 2 weeks. 

Code Select Expand

"blockchain_accumulated_fees": "150,446.30993 BTSX",

I see.

The idea of shareholders owning the DAC has turned into the board of directors owning the company...
How typical and how fast the crypto world follows the same path as the meat world.

Except shareholders pick the delegates and the delegates can have hard-coded destruction of funds...

[Simeon II]

You can view the accumulated transaction fees via the get_info call in the CLI... these are slowly paid to the delegates over 2 weeks. 

Code Select Expand

"blockchain_accumulated_fees": "150,446.30993 BTSX",

I see.

The idea of shareholders owning the DAC has turned into the board of directors owning the company...
How typical and how fast the crypto world follows the same path as the meat world.

[AdamBLevine]

I guess 2300 BTSx was a good price for LTBc ;)

[bytemaster]

You can view the accumulated transaction fees via the get_info call in the CLI... these are slowly paid to the delegates over 2 weeks. 

Code Select Expand

"blockchain_accumulated_fees": "150,446.30993 BTSX",

[bitmeat]

And where do the fees for creating assets and users go? To the delegates? Burn?

[bytemaster]

We wanted BTSX to be reserved for SERIOUS assets, ie: assets where 2 weeks of transaction fees is worth while. 

[bytemaster]

The cost to register an asset is proportional to 2 weeks of network transaction fees.  Very expensive and intentionally so.  Because of the way it is calculated, you can expect it to double when a new asset is registered and then slowly fall over 2 weeks. 

[bitmeat]

Does it like double every time you register a new one?

Also - I'm curious - where do the fees for registering go? I don't see them in the income or daily burn... Shouldn't they be just a burn, so that registering assets automatically increases the value of BTSX?

[Simeon II]

Why?