[lotsofpulp]

Doesn’t the % symbol mean percentage points?

A fee changing from 0.5% of a transaction to 0.8% of a transaction is increasing by 0.3%.

[mort96]

No, the % symbol means percent

[lotsofpulp]

I thought percent, percentage, and percentage points are all the same thing.

[mort96]

Well today's an excellent day to learn something new :D

This wiki page has more info on the difference between percentages and percentage points: https://en.wikipedia.org/wiki/Percentage_point

[lotsofpulp]

Thanks!

[lobsterthief]

And thank you for admitting you didn’t know something rather than digging your heels in :) Shows a lot of courage and willingness to grow and learn.