Soon⢠š
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Soon⢠š
Absolutely legendary š this work is under-appreciated.
Scionic Merkle Tree v2.0.0 Release š ⢠Fixed many verification issues ⢠Added diff helper functions ⢠Added parallel dag creation ⢠Added cleaner create dag with config for all customization options ⢠Fixed partial dag creation and verification ⢠Fixed transmission packet creation and verification ⢠Fixed batched transmission packet creation and verification ⢠Ensured batched transmission packets support partial dag https://github.com/HORNET-Storage/Scionic-Merkle-Tree
Usually discounts require the modification of weight parameters, so this median fee mechanism is historic and could be useful in future soft forksāeven if the BIP for spam isnāt. Detecting the median fee trend of a new transaction type to penalize old transaction types can avoid the need to modify weight when issuing discounts during soft forks. This novel approach is paired with the tightening of every possible data bucket, without breaking basic Lightning and its anchors.
Obrigado amigo! š
TL;DR We detect the median fee size of transactions that qualify for the discount, over the last 2 weeks of time. Then we multiply that median fee by a little more than 3x to create an economic equilibrium where inscriptions become just as expensive as fragmenting NFTs across thousands of transactions. Spam unilaterally becomes 3x more expensive than all basic transactions, while preserving enough outputs for Lightning anchors (which Luke has blocked). No OP_Codes are penalized, only bucket sizesāit strives to be timeless⦠future proof. ā1. Collect all qualifying transactions from blocks [H-2016, H-1] 2. Calculate MEDIAN_FEE = median(qualifying_fee_rates) 3. Required fee for non-qualifying tx ā„ MEDIAN_FEE Ć 3.14 4. Reject blocks violating this ruleā
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