Re: [ANN][Datacoin] Datacoin blockchain start announcement (Minor code upd + logo)
Two questions:
- can it be implemented 'auction system', when data storage fee is dynamic and depends only on demand - the same as with Bitcoin transaction fees, more DTC per 1KB -> higher probability to be processed soon (and to be processed at all - with 0 fee it can be impossible to confirm transaction)
- can it be implemented 'auction system', when data storage fee is dynamic and depends only on demand - the same as with Bitcoin transaction fees, more DTC per 1KB -> higher probability to be processed soon (and to be processed at all - with 0 fee it can be impossible to confirm transaction)
This is the same question as mentioned above. In case tx fee modification will be enabled it will behave following way:
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Sender can set any fee above technically hard-coded minimum (such a minimum is required in order to avoid tx spam).
Each miner sets his own minimum fee to accept tx into memory pool.
Auction system will really work in case tx flow is close to 1Mb per minute (max blockchain capacity). Below this limit miners are motivated to accept any tx with fee above zero.
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NB: Second question will get it's answer also
