Ah, I see, so not a dividend at all, but in theory less supply equals higher price. Maybe a stupid question, but theoretically couldn't all BTSX in existence eventually end up being destroyed?
The fees that are not kept by the delegate are destroyed, thus increasing the value of all other shares
Fees are 0.5btsx per transaaction ... if all delegates had a payrate of 0% then this fee would be destroy .. al .5btsx .. for each transaction ..
however, I do not thing anyone would pay for a VISA-grade server as delegate and destroy ALL fees ..
in the very very very long run you are right.
How many delegates can I vote for?101
I see in the client that there can be up to 101 active delegates at any time - why 101?
I see I can also 'down vote' delegates in the client too. How does that work, and how does it affect approval ratings?
101 is a trade-off found thgouht reasoning .. its probably not the optimal solution ... lots of discussions about the number can be found on the forum.
the 'down vote' is no real down vote .. it indicated that you "blacklist" that account name for transaction ..
github issue already created about this "downvote" that is no down vote