System settings that define system's econo,y and system smart contracts' behaviour, like traffic fees, lists of oracles used to validate content proprietors, etc.
Basic settings are stored in the main blockchain (in
Change of basic settings can only be performed by the network's governance procedures, for example, by voting of Ace Assets (XAS) owners.
Network's commission taken from traffic fees Current value: 10%
Network's commission taken from broadcaster's charges made in premium pool Current value: 30%
Ace Stream Foundation's stake in Ace Asset token distribution. Current value: 30%
One-time payment charged to createthe premium pool Current value: 1000 XAT
Network's stake in tokens minted by the premium pool Current value: 30%.
Network's stake in content access payments in the premium pool Current value: 30%
System premium pool settings, TBD in separate document
Minimal depositing term for XAT to participate in Ace Deposit. Current value: 2419200 seconds (28 days)
Maximum amount of traffic units that could be borrowed by the account Current value: 10240 (10 GByte)
List of oracles that have rights to identify copyright holders
One-time fee to link new node to the account Current value: 0.1 XAT
Voting is the self-governance procedure that specifies how Ace Assets (XAS) holders can change the network. For now voting is expected to get done by third party voting system, decisions made by XAS owners should be implemented by validators as part of system upgrade process. In future integral voting subsystem should be integrated in Ace Network directly.