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Re: @theymos - Request: Multisig addresses for treasurers
by
EcuaMobi
on 13/05/2019, 20:06:20 UTC
I know OG gets 0.5BTC meaning more key holders, more money to pay every month.
I think the current BTC0.5-per-month fee is ridiculously high and having 7 treasurers wouldn't require paying each one a similar fee.
Probably BTC0.02 or BTC0.05 for each one would be more than enough.

In my opinion 2-of-3 isn't enough (but still much better than now of course).

You think that 0.1% of the total is not a fair escrow price? What % do you think would be fair than? I see a ton of escrows on here that want between 0.5-1%
Why does it have to be based on a percentage? Maybe it makes sense for small deals (along with a minimum) but not for higher amounts paying every month.

Based on the treasurer's obligations posted on one the contracts, I estimate the treasurer must work not more than a few hours per month, or less.
At BTC0.05 (currently just under $400), that's at least $100 per hour for their work. I think that's more than enough regardless of what percentage of the total represents.

Edit: Actually much fewer hours and therefore much more per hour after checking the number of transactions of the treasure address.

But this is not the main point at all.