Zcash Proposes Dynamic Fee System

Zcashs New Fee System: A Dynamic Approach to Transaction CostsZcashs new proposal aims to revolutionize transaction fees by moving away from a fixed system. Historically, Zcash had a static fee model, but it led to spam attacks and high fees, especially when the tokens price increased. The new proposal suggests a dynamic fee system based on the median fee per action observed over the previous fifty blocks. This system would include a temporary priority lane for faster processing during high demand, all while maintaining Zcashs privacy features.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.