JoelKatz Posted October 2, 2019 Share Posted October 2, 2019 It can sometimes be difficult to choose the right fee to pay for an XRP Ledger transaction. A common approach is to pick a value known to be large enough, such as .0001 XRP, and just using that all the time. We propose adding code to the server to keep track of when a transaction is first observed and what fee level it chose to pay. Then, when the transaction is seen in a fully-validated ledger, the server can update its statistics for transactions at that fee level. Thus the server could report, at any time, the fraction of successful transactions and the average confirmation time for various fee levels. In addition to being useful for choosing the fees to pay for a transaction, this would also gather interesting statistical information. This post is one suggestion for an enhancement to the XRP Ledger. See this post for context:https://www.xrpchat.com/topic/33070-suggestions-for-xrp-ledger-enhancements/ You can find all the suggestions in one place here: https://coil.com/p/xpring/Ideas-for-the-Future-of-XRP-Ledger/-OZP0FlZQ Panosmek, mDuo13, Mpolnet and 4 others 6 1 Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now