diff --git a/bsip-0008.md b/bsip-0008.md index 6931f1f..8aea1b9 100644 --- a/bsip-0008.md +++ b/bsip-0008.md @@ -214,16 +214,16 @@ type and the additional customers compensate for this loss. # Summary for Shareholders The idea of this proposal is to increase the use of BitShares by adding an -option for improved privacy to the BitShares customers. This features comes at +option for improved privacy for BitShares customers. This features comes at almost no cost to the shareholders (see below) since it is funded by a private investor. Customers using this feature will initially need to pay 3x the basic -transfer fee to the improved privacy. The revenue from this is split as follows: -20% go to the BitShares shareholders as burned BTS (removed from available -supply, not refunded to the reserves), 20% go to a maintenance account that will -fund future development and updates for this feature and is controlled by -several individuals. The other 60% go to holders of a special asset that will be -created during a protocol upgrade and issued to the private investor to -compensate for his investment. +transfer fee for the improved privacy. The revenue from this is split as +follows: 20% go to the BitShares shareholders as refunded BTS (refunded to the +reserve pool and as such removed from available supply), 20% go to a maintenance +account that will fund future development and updates for this feature and is +controlled by several individuals. The other 60% go to holders of a special +asset that will be created during a protocol upgrade and issued to the private +investor to compensate for his investment. A hidden cost for BitShares shareholders is that in order to keep 20% of the transaction fees, the fee has to be 5x the basic transfer fee but is only