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Offline puppies

Why does delegate pay rate keep decreasing? [resolved]
« on: August 26, 2014, 09:06:56 PM »

why does
"blockchain_delegate_pay_rate": "1.34714 BTSX",
keep decreasing.  Whats the algorithm?  Haven't transactions and thus fees increased?
« Last Edit: August 26, 2014, 10:07:39 PM by bytemaster »
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Offline xeroc

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Re: Why does delegate pay rate keep decreasing?
« Reply #1 on: August 26, 2014, 09:11:09 PM »
I just decreased the payrate of my delegates by 20% .. hence that payrate is also reduced
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Offline bytemaster

Re: Why does delegate pay rate keep decreasing?
« Reply #2 on: August 26, 2014, 09:13:01 PM »
why does
"blockchain_delegate_pay_rate": "1.34714 BTSX",
keep decreasing.  Whats the algorithm?  Haven't transactions and thus fees increased?

The big transaction that generated the most fees was asset registration.  It is still burning through that.  The block explorer shows an average of less than 1 trx every 10 seconds, so we can expect delegate pay to approach 0.5 BTSX until things pick up some more.
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Offline maqifrnswa

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Re: Why does delegate pay rate keep decreasing?
« Reply #3 on: August 26, 2014, 09:16:45 PM »
why does
"blockchain_delegate_pay_rate": "1.34714 BTSX",
keep decreasing.  Whats the algorithm?  Haven't transactions and thus fees increased?

each block pays TOTAL_FEES_COLLECTED/(12*NUMBER_OF_BLOCKS_PER_DAY).
total fees collected is almost entirely from creating new assets (since it is the singular most expensive transaction one can make). People haven't made assets in a while
maintains an Ubuntu PPA: https://launchpad.net/~showard314/+archive/ubuntu/bitshares [15% delegate] wallet_account_set_approval maqifrnswa true [50% delegate] wallet_account_set_approval delegate1.maqifrnswa true

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Re: Why does delegate pay rate keep decreasing?
« Reply #4 on: August 26, 2014, 09:16:59 PM »
Ah ... right .. assets are still very expensive .. *noted* ;)
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Offline puppies

Re: Why does delegate pay rate keep decreasing?
« Reply #5 on: August 26, 2014, 09:39:40 PM »
Thanks guys, thats exactly what I was looking for.
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