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Replace by Fee - Additional selection for Consensus Nodes #2466

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vncoelho opened this issue May 12, 2021 · 1 comment
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Replace by Fee - Additional selection for Consensus Nodes #2466

vncoelho opened this issue May 12, 2021 · 1 comment
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Discussion Initial issue state - proposed but not yet accepted

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@vncoelho
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Recently, we have been seen congestion on Binance Smart Chain, which has a similar consensus mechanism of Neo.
There,users can Replace by Fee similarly to Ethereum wei price.

In the absence of such mechanism on Neo (replacing by fees), I suggest:

  • That Consensus Nodes propose solutions a % of txs (5-10%) with lower fees Only IF mempool has passed a threeshold of transactions.

That mechanism would enable transactions that were sent with lower fees to be processed.

The new transactions will follows higher prices because users will be aware that system is suffering congestion.

@vncoelho vncoelho added the Discussion Initial issue state - proposed but not yet accepted label May 12, 2021
@roman-khimov
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In the absence of such mechanism on Neo (replacing by fees)

It can be implemented with #1991.

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