Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

#0010 MIN_FEE As Standardness Rule #16

Closed
backpacker69 opened this issue Oct 30, 2018 · 2 comments
Closed

#0010 MIN_FEE As Standardness Rule #16

backpacker69 opened this issue Oct 30, 2018 · 2 comments

Comments

@backpacker69
Copy link
Member

Peercoin economic model is set around hardcoded transaction fee which is transaction size in kB * 0.01 Peercoin / kB, however it starts from 0.01 Peercoin which is lowest possible fee. This rule (MIN_FEE) is protocol level rule and changing it requires network to execute hard fork and set new set of rules. Making this rule a standardness rule which defines whether transaction gets relayed or not allows for easier tweaking of the rule and removes the need for network hardforks.

It is proposed to make MIN_FEE variable a standardness rule, which defines whether transactions gets relayed, and not a hardcoded protocol rule.

@peerchemist
Copy link
Member

@sigmike opinions?

@peerchemist
Copy link
Member

The question is whether to simply set the MINFEE to 0.001 Peercoin and call it a day. Or do it via standardness rule. Having it as standardness may lead to minters/miners attaching super low fee transactions to the blockchain though.

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

No branches or pull requests

2 participants