Derived from Coindesk, Zcash developer Shielded Labs has published a detailed proposal for a dynamic fee market to address rising transaction costs and network congestion. The plan shifts from Zcash’s static fee model to a system based on median fees per action over the past 50 blocks, with a temporary priority lane for higher fees during congestion. The proposal aims to maintain privacy while adapting to increased ZEC price and user activity.
Zcash Proposes Dynamic Fee Plan to Prevent High Transaction Costs
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