the moment prefer known blockchains like Ethereum or even Bitcoin for notarizing.“
is there a way to submit proofs without using UBT?
If I understood it correctly, there are two options: I deposit UBT directly and get credits or I pay with fiat and get credits, whereby UBT also has to be purchased in the background.
So if I stake UBT, then it is actually irrelevant to me whether someone pays for the credits with UBT or fiat. Is that correct? the yield for me is the same.
For a txs you need 1 credit for Baseledger, 5 credits for ETH and 10 credits for BTC. As a ubt staker, wouldn't I get 10 times the amount of UBT if someone sent the proofs on BTC instead of on Baseledger? After all, he has to buy 10 times the amount of credits and needs UBT for this, which in turn goes to the nodes. thanks for clarification 🙂
Baseledger nodes only get a share of network fees for Baseledger usage. UB one you can pay with UBT or Fiat, and UBT gives a discount (1 UBT = €1 of credit inside of UB one)
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