The FCMP++ Monero Fee Market – Post-Emission Fee Market Implications
Francisco "ArticMine" Cabanas
Monero uses an adaptive block weight based upon the CryptoNote excess size penalty with a short term median over the last 100 blocks, https://bytecoin.org/old/whitepaper.pdf This leads to the Monero fee market. We will consider the impact of FCMP++ on this fee market. In the particular necessary changes to support FCMP++, the impact FCMP++ on spam attacks, and the critical importance of the tail emission on proof of work security, growth management and spam control. We will also discuss the resulting transaction fee changes and simplification of the transaction fee calculations by Monero wallets. We will also consider the implication of The FCMP++ Monero Fee Market on both small block (Bitcoin Core type) and large / adaptive block (Bitcoin Cash type) post emission fee markets.
Tools & Technology
Main Stage