BitShares Forum

Main => General Discussion => Topic started by: carpet ride on June 22, 2014, 03:54:16 am

Title: Delegate fee allocation
Post by: carpet ride on June 22, 2014, 03:54:16 am

If BTS X reaches the point where $100 million in transaction fees are accrued yearly and $1 million is distributed to each delegate, then how will the delegate be likely to use his or her dividends?

1- Marketing his or her reputation? 

2 - Technological upgrades for the network?

3 - Funding for start-up DACs & Marketing promotions for ancillary DACs?

4 - Salaries / Bonuses?

5 - Charitable donations?

Title: Re: Delegate power
Post by: vlight on June 22, 2014, 06:34:46 am

I think all the earned transaction fees(well excluding the costs of running the node) will go back to the BTS X development fund. Shareholders will vote for what is the most profitable for their investments. Whoever promises to give back the most transaction fees will get the most votes.