RE: Bitshares - State of the Network - 16th January 2018

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Bitshares - State of the Network - 16th January 2018

in bitshares •  7 years ago 

wow. It used to be about $100. Why is it so cheap now?

I just upgraded!

bitshares
7 years ago by

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      ·  7 years ago 

    I think it used to be a static number, but with the price rising over the last month, that became too expensive :) Not sure if it's dynamically calculated now, of if they just lowered it. Either way, I'm now a member :D

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      ·  7 years ago 

    The committee member review fees periodically or after a large price change and propose updates to keep fee's inline with a USD reference.
    BTS holders then have the ability to accept or decline those changes by way of voting.

    So it is not dynamically set at the moment, but the community and committee members do keep an eye on price changes and strive to provide cheap services on the network

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