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General Discussion / Fees Report
« on: April 20, 2017, 12:54:37 pm »
Greetings everyone,
Ten days ago, @tbone put out a call for information about the total fees collected on the network. I compiled this information for the time period from the blockchain's start, in October 2015, through March 2017. The report is available here.
Please note several things about what the report is and is not:
In summary, fees were collected in terms of 349 assets. The total fees collected in the core asset, BTS, are 47,106,798 BTS. The leading types of operations that generated the fees in BTS are listed below.
The details of the data are presented in different ways to help with analyzing them in different ways. Appendix A categorizes the collected fees in percentage terms for every operation type. Appendix B contains the nominal fees for every type of operation which is helpful especially when a particular operation might have a relatively low quantity of fees which would be hidden when expressed solely in percentage terms.
If you do encounter any errors in the report, please let me know and I will correct the report as soon as possible.
Ten days ago, @tbone put out a call for information about the total fees collected on the network. I compiled this information for the time period from the blockchain's start, in October 2015, through March 2017. The report is available here.
Please note several things about what the report is and is not:
- the fees in the report are merely the fees collected by the blockchain network and which are later distributed to various accounts. These fees are a superset of the fees that are ultimately distributed to the network’s fee pool;
- the document does not report on the volume of activities on the blockchain; rather it is focused on the fees collected as a result of the activities;
- the document does not report on the subsequent distribution of the collected fees to entities such as the network, witnesses, worker proposals, asset issuers, referrers, nor lifetime member accounts;
- the quantities that are reported in the document are all in terms of the asset units that were specified for fee payment (e.g. BTS, bitGold, etc.) and are not expressed in terms of any common asset unit.
In summary, fees were collected in terms of 349 assets. The total fees collected in the core asset, BTS, are 47,106,798 BTS. The leading types of operations that generated the fees in BTS are listed below.
Operation Type | % of Total BTS |
Asset Create | 48% |
Account Upgrades | 26% |
Account Create | 17% |
Limit Order Create | 3% |
Transfer Operation | 2% |
Asset Publish Feed | 1% |
Vesting Balance Withdrawal | 1% |
The details of the data are presented in different ways to help with analyzing them in different ways. Appendix A categorizes the collected fees in percentage terms for every operation type. Appendix B contains the nominal fees for every type of operation which is helpful especially when a particular operation might have a relatively low quantity of fees which would be hidden when expressed solely in percentage terms.
If you do encounter any errors in the report, please let me know and I will correct the report as soon as possible.