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@DonnchaC
Last active August 29, 2015 14:05
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Some estimations to help determine a good donation distribution protocol
# Total Donation required for each selected relay to receive the bitcoin dust limit amount (5460 satoshi = ~ $0.03)
300 Selected Relays
---
Fee: 110000 ($0.5500)
Outputs: 1638000 ($8.19000)
Fee: 6.29%
Total Spend: $8.74000 (0.0175 BTC)
5000 Selected Relays
---
Fee: 1710000 ($8.5500)
Outputs: 27300000 ($136.500)
Fee: 5.89%
Total Spend: $145.0500 (0.2901 BTC)
Note: The shown fee is the fixed maximum for that number of relays. A larger donation to only reduce the fee percentage.
# The max number of relays which could receive some money for a fixed dollar value donation. Any remainder added to the fee
Donation: $0.5 (100000 satoshi)
---
16 Relays Max
Fee: 12640 ($0.0632000)
Outputs: 87360 ($0.4368000)
Fee: 12.64%
Total Spend: $0.500 (0.0010 BTC)
Donation: $5 (1000000 satoshi)
---
171 Relays Max
Fee: 66340 ($0.3317000)
Outputs: 933660 ($4.6683000)
Fee: 6.63%
Total Spend: $5.00 (0.0100 BTC)
Donation: $50 (10000000 satoshi)
---
1723 Relays Max
Fee: 592420 ($2.9621000)
Outputs: 9407580 ($47.0379000)
Fee: 5.92%
Total Spend: $50.0 (0.1000 BTC)
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