Basically they are replacing btc as a median and using blocknet shares in its place. Thats what it looks like to me when its all boiled down. Rather than pay tx's fees to miners using btc and an exchange fee. You use blocknet shares and the fee is split up among the holders of the shares.
Hm...
Should I pay twice to use, say, VPN provided by some node then? Once - to the node itself for the service, and second - to the Blocknet for being able to communicate with the node. This way? And those Blocknet shares are distributed to share holders, right? And is the Blocknet protected with kinda PoS?
No you don't pay twice. You pay the service provider, and the service provider pays the Blocknet fee.
Yes, Blocknet fees are distributed to holders.
My guess is that the Blocknet will have a PoS system, though I haven't been informed of the specifics yet.
Hm again... This way the service provider will have to continuously refill his BS supply driving its price up. With lots of providers it will soon become pretty high. How would you regulate the fee so that it wouldn't cause the price of the service itself to go up (to keep it reasonable for provider to keep on working)?
Given that any node on any currency can provide a service, it will not be necessary for that node to somehow store Blocknet tokens in addition to whatever currency it's from.
The node would simply render the service, and a fee in its own currency will be deducted from the tx and automatically exchanged for a small amount of Blocknet tokens by the decentralised exchange.
This has the advantage of the fee levels automatically adjusting even if the price of Blocknet tokens skyrockets. In fact, we could pick a baseline price in the most stable currency (or by a smart index tracking USD, or whatever....) and use it to measure the rest by - or even exchange for this currency initially before converting to Blocknet tokens.