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RE: Hive Power distribution May 2020

in #hive5 years ago

Yes. 0-fee transactions do not really exist, as you need to stake your liquid assets for 13 weeks to have bandwidth. The equivalent of the fees is the % of the inflation going to the witnesses (and also the SPS), so about 25% (10+15) right now if I recall correctly.

And guess who chooses these %s? The witnesses, who are elected by the top 0.1% whales alone.