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