<sgp_> "Simple Market-Based Monero Fee Proposal" monero-project/research-lab #152

<namenet:matrix.org> @sgp_: @articmine:monero.social I'd love to hear your perspective on this proposal

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<ofrnxmr> At first glance, some of it sounds logical, but capping growth at 10% per year doesnt follow moores law and is incredibly low

<torir:matrix.org> 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.

<ofrnxmr> Essentially capping tps for no reason, and to much less than 7tps, doesnt make sense

<ofrnxmr> But thats more of an issue with paramrters than the actual concept

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<blurt4949:matrix.org> @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 mrelay.p2pool.observer/e/k5qEmMMKQ0M5aTQ0 ]