The blockchain fees themselves are actually a small part of the cost of doing the anchoring. (There have been 17 BTC paid since 2015. https://blockchain.info/address/1K2SXgApmo9uZoyahvsbSanpVWbzZWVVMF) They are the most visible, but there are many other costs. First, a dedicated server needs to be run for each coin type that is beefy enough to handle both factomd and the anchoring blockchain. These servers are not cheap. Then there is the engineering overhead of maintaining it. This is variable based on how problematic the various blockchains are.1. At some point the Authority Set is supposed to handle anchor fees. Once that is live, if the 600 FCT (or whatever it is converted into) hasn't been used as fees have been sufficiently covered by the 220 monthly FCT, what do you propose be done with it?
A. I don't think of FCT in relation to BTC, but instead USD. With the anchoring, this way of thinking would be the closest if chain fees were related to the token price. That has not proven to be an accurate comparison though.2. At $15.00 FCT, for 220 FCT monthly you receive $3,300 per month. At current rates, anchoring into BTC and ETH would be about $1800 meaning at current FCT and current BTC/ETH fees, Factom Inc would get $1500 per month. I'm ok with this since there will be work conducted as well. In three months the develpment work will be done and then it will be maintenance so I'm still fine with the amount Factom Inc receives being more than the fees. My questions are:
A. At what FCT to BTC/ETH fee ratio would you tap into the 600 FCT fund?
B. At what FCT to BTC/ETH fee ratio do you feel that Factom Inc would be receiving too much FCT on a monthly basis and the 220 FCT per month should be re-evaluated?