Indeed
But anyway, i´m still confused. And btw. i meant Entry Credits (EC) .
Yesterday i referred to this:
https://medium.com/@BrianDeery/i-love-negative-feedback-632f8ee780ff"...Lets postulate that the market drives the Factoid price to a low level. The Federated servers will match this internally and raise the Factoid/EC exchange rate. If the price drops to 1/10th of the earlier price, then 10x more Factoids will be needed for the same number of ECs...."
Sorry if that´s a dumb or already answered question!
Oh, that's definitely not a dumb question, though there's 264 pages of forum comments, so yes probably an already answered one.
I think most people (myself included) thought you were asking Factom's Chief Scientist what he thinks is a good trading range for factoids. With the resulting hilarity.
So you mean projected EC usage? Theres a google docs daily summary here:
https://docs.google.com/spreadsheets/d/1RUZLxxoAfT3C5jIJ144DLYdztYe_sqrKqbTlZuD05-s/htmlview?pli=1#gid=445871101The network seems to average about 15K entries a day, less on weekends, understand this is still alpha stage software though, when v2 arrives it will be in a condition that is much more appealing to enterprise customers. Eventually v3 will mean voting and full decentralisation. After that factoids will start being minted and paid to the Federated Servers for their services.