00:51:16 "Simple Market-Based Monero Fee Proposal" https://github.com/monero-project/research-lab/issues/152 03:18:42 @sgp_: @articmine:monero.social I'd love to hear your perspective on this proposal 03:24:19 <3 04:44:10 At first glance, some of it sounds logical, but capping growth at 10% per year doesnt follow moores law and is incredibly low 05:06:27 The current block size algorithm is also designed to accomodate short-term surges. It would be bad if our blockchain couldn't handle holiday spending surges. 05:14:08 Essentially capping tps for no reason, and to much less than 7tps, doesnt make sense 05:14:54 But thats more of an issue with paramrters than the actual concept 05:57:49 🛡️ Learn Cybersecurity – Top Beginner Courses 05:57:49 💻 Google Cybersecurity | 🖥️ IBM Cybersecurity Analyst | 🎓 CompTIA Security+ | 📘 Intro to Cyber Security | 🌐 Cybersecurity for Everyone 05:57:49 🔗 Start Learning 05:57:49 https://t.me/CyberSecurityExpertsHQ2 06:29:21 @sgp_:monero.social: Am I understanding correctly that this would allow transactions to be effectively free (1 pico is negligible) up to 400kb blocks? I see no reason to allow people to perpetually spam the network for ~$0. At scale this wouldn't be as much of an issue since spam will be priced out, but we've basically guarant [... too long, see https://mrelay.p2pool.observer/e/k5qEmMMKQ0M5aTQ0 ]