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Change of Policy
Due to the small amount of BOS distributed to individual accounts, the transaction fee distribution schedule is immediately changed to once per month. The first distribution under the new schedule will be on the 6th of December and will continue once per month on the first Wednesday until the release of BOSnet.
As a reminder, only the top 3,000 wallets holding more than 10,000 BOS will receive a portion of the transaction fees equal to the number of units they hold, 1 unit is equal to 10,000 BOS.
Thank you for your trust and continuing support.
BOS Platform Foundation
November 24th, 2017
Copyright © 2017 BOS Platform Foundation, All rights reserved.
BOScoin: Self-Evolving Cryptocurrency Updates
Our mailing address is:
BOS Platform Foundation
6301 Zug, Switzerland
c/o Gubelstrasse 11
Zug 6301
Switzerland
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What does that mean? Can anyone explain me?
I just received a letter from BOScoin
Whenever a transaction is made on the BOScoin TokenNet, the source account needs to pay a fee of 0.001 BOS. These fees are then sent to a common pool where they are kept until they get distributed to the top 3000 wallet holders having a balance of at least 10,000 BOS. Before today, these fees were distributed once a week, but from now on they will only be distributed once a month, and that's what this newsletter is about.
More information about the TokenNet and transaction fee distribution can be found in
the TokenNet release note.