Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform ❘|❘ ICO CLOSED
by
ICONOMI
on 13/10/2016, 02:28:06 UTC
I'm confused how distribution of ~3000 transactions could be done in 15 minutes.

Any estimate on the total amount of gas it will take to distribute the ICN?

We have 3.5k investors + 3k bounty hounters. A bit of overlapping. All together 6k accounts with non zero balance.

Not all did input their eth address. Many (especially account with smaller amounts) are going to leave their ICNs on our platform. That is the reason 15mins should be enough.

Gas usage. ~100k per address. If we do if now that's close to 100m gas. Half of it goes to "if balance already assigned checking" - but is worth it. This needs 100% accuracy. 99.999% one if not enough.

Interesting, so roughly 66 blocks full of transactions if gas limit stays at 1.5MM.  I'm getting my popcorn ready now:



No popcorn needed. We'll be doing this on Monday. While ICN contract will stay locked until Tuesday. So we can fill all 60+ blocks in a row or double of that half full.
I think bigger concern here is (we'll see with test-it contract tomorrow) that even tho blocks are mined empty, we still won't get confirmation for transactions. As we were playing for the past few days with the network, we found that out.