Everybody seems to be asking the exact same questions, but nobody provided a single clear answer yet (!), so please, can you answer clearly and properly? Thank you
Question 1:
On the 31th, can you confirm ("Yes" or "No") if BOScoin coins holders (like investors, bounty, etc.) will be able to trade their coins?
Question 2:
If the answer of the question 1 is "Yes", on which exchange we will be able to trade our BOScoin coins?
Regards,
Evolvion
For each transaction, there will be a flat rate of 0.01 BOS but this flat rate is currently under review and need to be finalized. Transaction fees are not necessary but act as a defense mechanism against DDOS attacks. The transaction fees generated will be distributed once a week to BOScoin holders according to the amount they hold. TokenNet is the BOS Platform’s initial release of the blockchain with limited functionality to allow the community to transact BOS tokens among the network and at exchanges accepting BOS tokens. BOScoin uses Stellar Consensus Protocol to reach consensus. MainNet will be a hard fork from TokenNet with having mFBA as its consensus protocol; so Genesis is a forking of the TokenNet. For MainNet, Genesis BOS Platform is targeting to be released in the beginning of 2018, 70% of the transaction fees will be distributed to node operators and 30% will go towards the Commons Budget...
BOScoins decision-making process will be made by a Democratic Congress where node operators will have one vote for each node. BOScoin holders who want more than one vote will have to forgo rewards and need to have a separate IP address for each node they control.
You will be regarded as a Congress member if you meet the following criteria:
a) You have Internet access with stable network speeds.
b) You freeze at least four units of BOScoin (40,000 coins).
c) You participate in voting.
Congress members will receive 3 separate rewards for confirming transactions:
1. Freezing rewards.
2. Confirmation rewards.
3. Transaction rewards.
The BOS team said that contacted over a dozen exchanges with the greatest daily volume and some have replied back on a positive note.HitBTC exchange is guaranteed to be the first.