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The sum net change equals to zero. Okay. I see that. I wonder the correct interpretation of that zero: the number of VTC remains constant; that make sense. If each of us has $10 and then I give you $5 of mine the total value of our cash remains $20. But now we cannot claim the same amount.

One more question: if I understand well the whole process of redistribution doesn't require the voters to vote again. Is that right?

@psztorc

One more concern: If you do VTC redistributions how you can ensure that voting participation will remain high round by round?

@psztorc

But that's the problem.
VTC have the initial distribution and then if someone votes unrealistically you redistributed VTC. In the end of that process who will have what so it could claim with his VTC his revenues which are in CashCoins. Doesn't matter the form of the revenue what it matters is if he could use his VTC.
And that's my question. How he could claim him money when you do VTC redistributions?

@psztorc

But according to the white paper the owners of VoteCoins are taking 50% of the trading fee therefore if you change the VoteCoins redistribution who is gonna take what and why?

@pstzorc

a) but If you redistributed then how you will know who owns what?

b) Yes. Everytime that a trade is placed they obtain 50% of the trading fee. That's along with the anticipated trading activity equals to the VoteCoin value each moment.

@ zack, psztorc

I do believe that the votecoins are useful for multiple reasons but I can barely see why that should be such a complicated issue.

Let's come back to the real world: If you have the right to buy vote rights for an election in an association that gives you just a small compensantion and nothing more how much you would pay for each vote right?

The example is not really similar but hope that you will get what I'm trying to say.


@ zack
You can't put large trading fee. Actually, you can't let the author set large trading fee! Will cause critical difficulties to the trading activity. Little fee many transactions

@psztorc

a) Why you need to redistributed them?

b) Maybe this is the one part of the value. The other one may is the value they obtaining as the trades are happening.

Dear All,

I would like to learn more about the Voting System and specifically I'm looking for an answer to the following 2 questions:

a) How the Votecoins are distributed?
b) How Votecoins' value could be measured?

Thank you,
Mordernschool