I was trying to keep things simple as possible but you have a good point, so will go with your suggestion.
Yes
And another good suggestion!
Few remarks. One: if dividends are to be paid in BTC only that would mean you would have to sell KTK that were earned on the MP, thus pushing the price down.
My suggestion is to pay dividend in KTK and BTC, where all non-KTK should be converted to BTC. That shouldn't be overly complex and in that way we won't add any selling pressure to the price of the coin.
Remark two. If dividend is to be paid based on KTK held in the wallet, how to determine the number of coins to qualify for dividend? Monitor periodically each eligible wallet and then take the average amount that was held in the wallet over that period?
Multiple addresses? No problem, registration would include sending, e.g., 100 uKTK to confirm you are the owner of the address. you would be required to pass txid of all addresses belonging to you that you want to be eligible for dividend.
The max limit was to try avoid anyone having too much % of the profit share.
I agree about the first remark.
About multiple addresses, I think prix said that putting upper limit is nonsense, since someone can have multiple addresses. And my question is why there should be an upper limit at the first place?
the detail is promising , and i think the max holder limit is acceptable . maybe is a little too much, 0.5 Million is a good idea .
BTC is the best payout to give holder.
It's very difficult to control an upper limit. How do you want to control it?
The user may have multiple addresses, mails, forum accounts, etc.
We still have a large amount in the bounty pot, and I have my KTK but in both instances they won't be registered for the KTK holders (20.4%) profit share.
Both together is around 1.5M, so straight away KTK holders will get a boost on the % share. I don't think it would be fair to give 20.4% and then claw some back from my own stack and the bounty pot!
I'll make the addresses public, and those who register will have theirs listed too, so it's transparent for all to see which addresses receives the profit share.
agree with upper limit I hold another coin and the dev of that coin was staking the distribution wallet at launch wich caused him to get most of the BTC dividend but it will be difficult to stop people having multiple wallets