Post #25224

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Voting NO on anchor and Oracle master grants
[QUOTE="Schalk Bower, post: 25171, member: 43"]
Some quick math based on [URL]https://billfodl.com/pages/bitcoinfees[/URL] $0.44 per transaction.

144 blocks a day, 30 days a month, 0.44 per anchor. That's still roughly 144*30*0.44=$1,900 a month for anchoring into Bitcoin
[/QUOTE]
We don't necessarily need multiple anchors to bitcoin. We could have anchors going into blockchains dependent on their fees at the time. It could even be dynamic; having an oracle (similar to Pegnet?) fetch prices of anchoring and automatically have it to switch between the most cost-effective chains dependent on current prices.

In fact it was envisioned originally that all authority servers would do anchoring; so we could have ANOs picking it up as a pledge, running dockerized anchoring software where they set parameters themselves for which blockchains they enter into at what price points etc.
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