novoworks / novo

The goal of Novo is to create programmable money that is usable by everyone in the world.
https://novonode.org
MIT License
11 stars 13 forks source link

Fee too low, can potential lead to a bloated blockchain. #3

Open NotIshanSingh opened 1 year ago

NotIshanSingh commented 1 year ago

The current feerate is set at 0.8 NOVO per KB, this is good for microtransactions and normal users. NOVO also lets users send up to 8 MB transactions, same as the blocksize. With this in mind, someone could potential fill up a block for 6400 NOVO, which is roughly half a cent. With this conversion a dollar could roughly add 1.78 GB worth of transactions to the chain. This could led to a bloating of the blockchain seen with BSV and ZEC and could knock off nodes and miners.

I would highly advise boosting the fee or adding some type of spam prevention. Maybe a short term solution would be boosting the fees?