This blog will follow the development of Bitshares today is March 10, 2016
BitTeaser
Friday, March 11, 2016
How does OpenLedger make Money?
To date profits are ready and finalized from OpenLedger, BitTeaser’s Blockchain advertising network, fees on all future deposits/withdrawals of Open assets including fiat, plus profits on trading fees on all CCEDK OPEN.xxx crypto including BTC (Bitcoin), DASH, ETH (Ethereum), NBT (NuBits) assets and fiat (traditional currency), as well as trading fees on issued assets like OPENPOS.
Reserve balance: 1,053,759,023 BTS
This is the initial reserve plus accumulated BTS from fees and unused witness/worker budgets. It represents the overall inflation cap, i.e., the total number of additional BTS that will ever be able to come into existence. It does not include accumulated SmartCoin fees.
Accumulated fees: 10,612 BTS
The approximate value, in BTS, of all accumulated SmartCoin fees, shown in the table at the bottom of this page.
Spending budget: 15,015 BTS per hour
This is the amount of BTS that can be allocated to worker and witness pay. Depending on what the committee and voters do, up to this amount can be spent; exceeding it would require a hardfork. It's calculated as a minute fraction of the reserve.
Witness budget: 1,800 BTS per hour
Worker budget: 13,215 BTS per hour
Reserve delta since launch: -12,596,726 BTS
How much the reserve pool has collected since launch from fees, less expenses. This includes accumulated BitAsset fees.
> Written with [StackEdit](https://stackedit.io/).
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