Silversaving wrote:Another thing to keep in mind: We all know you get gas payouts for holding NEO for 22 years till the full 100M gas is available. But GAS never goes away, it is recycled in the NEO system with each contract and transaction. Holders of NEO will always get a percentage of this gas as an additional payout. The bigger then network gets, the more companies use the NEO platform, the more GAS NEO holders will get rewarded.
And this is all NEO holders right? Not just the bookkeepers?
Also, this begins as soon as transactions start on the NEO blockchain - not just after the 22 years - right? And do we know the date that year 1 ends and year 2 begins?
Finally, is there a way to differentiate the gas I'm actively receiving as a NEO holder, and the gas I'm receiving based on network transactions somehow in my wallet? So I can see what percentage is coming from each?
I don't have the documents in front of me, but the way it was explained to me is that there will be 2 "fees" for transactions on the blockchain. One will go to bookkeepers and the other to NEO holders (they are named different things).
This will begin as soon as there are fees for using the blockchain. Right now, since things are not fully implemented, there are 0 fees for using NEO. You can send stuff to different addresses all day and never incur any fee, you'll still have your starting amount after 10000 transactions. That will change coming up.
I can't remeber the exact day but I believe it's sometime in October (or next month) that we start year 2. That's also the date that up to 15M NEO will be unlocked for the Devs.
Right now 100% of the gas you are receiving is from the planned GAS distribution into the network. Unsure if there will be an app/website that will show percentages in future. We just aren't that far along yet
Seeking a few Rodebaugh Bars. Looking for a series #1, Fat Boy, 2015 100g, & 2012/2014 classic bars. Also collecting the #9 serial on any other bars.