So anybody have ideas on how different use-cases may warrant different entry frequencies?
Or, is everybody assuming most factom users will put in an entry every 10min.
6 entries/hr * 24 hr/day = 144 entries/day
vs a utilization rate of 1 entry/day is a drastic difference in uptake of factoids.
Would a title registration company really have a need to update every 10 min?
Even if you were proving the starting timestamp of a patent idea, artwork, or whatever, I'm trying to understand why I'd need anything more than 1 entry/day.
What are people's thoughts and expectations on this?
The only counter I can think of is that even 144 entries/day is only $14.40, which is not a whole lot for proving honesty and goodwill--yet still comes off to me as somewhat overkill.
This is imprecise , but at a high level... (anyone, feel free to correct it)
Lets say to go to closing. You have the closing document, the lead based paint disclosure, your loan agreement, the etc. Lets say there are 16 documents. The title company puts 16 document entries in, all related in a factom chain. Two years later some question comes up. The title company produces 14 documents. You can look at that and say, you are missing two documents.... and that loan document is not the original. I may not know what the original loan document was, but that ain't it. Factom does one entry into the bitcoin blockchain (all 16 were in the same 10 minutes). The closing may have had 16 entries into factom...or a million...or 1.