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rangersanger | 3 years ago

The part you’re talking about, actually registering the title, is usually between $20-50 usd.

A smart contract would do nothing to protect you from open liens, property line misrepresentation, multiple registrants, etc etc.

But I hear you saying, “well it would if the plumber used the chain to place the lien.” okay fine, but nothing above is solved more efficiently with the chain than it would be by adding to the existing system.

discuss

order

eropple|3 years ago

> The part you’re talking about, actually registering the title, is usually between $20-50 usd.

And, for context, the average Ethereum gas fee right now is $48. So you're nearing the upper bound of the usual range for every transaction (right now--it's been higher, and probably will be again!) unless now we're going to play "well actually, this happens on the TitleCoin chain, which boy howdy I hope anyone actually pays attention to and not the TitleCoin Cash chain and not the TitleCoin Classic chain".