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Stakeholder Proposals / Re: [Worker Proposal] Reduce onboarding registrar
« on: September 02, 2019, 11:24:02 am »Tell me, if registering accounts cost BTS, and the faucet doesn't earn BTS from referral reward, how long do you think this can be self-sustained? (ignoring the expense for hosting the faucet even).I suppose you miss the fact that those 15% are supposed to go back to the reserve funds .. and that's what happend in the past already.I did not miss the fact, that the extra revenues go the the reserve pool. The registration cut is a appendix, which is not needed anymore and does sabotage the referral system.
OL is using this to gain more voting power.
The registration cut does not make any difference for the non-LTM signup, but makes a difference for the LTM/referral system.