[GIP] Increase minimum gas price by 1000x about gips HOT 8 CLOSED

Makes a lot of sense.

from gips.

This is an excellent point. One major driver for pricing fees "correctly" is to protect the network from "bad actors".

• It would be very cheap for someone to saturate the network and degrade service for everyone else. $0.036 per day is all it would cost to submit 1300 transactions per second.

from gips.

Agreed

from gips.

Good idea now fee is nothing let make it something

from gips.

Its still so cheap it doesnt matter if we raise it we could raise it to .01 and nobody would blink an eye.

from gips.

Vote Details

start_time:2020-12-10T20:00:00Z
end_time:2020-12-12T20:00:00Z
contract_address:0x733D1e256af14B111611663739AAde12BcBc6A73
choice_1:yes:0xdfb1fFceebCB9b9737C29B8B338D87f196C62e86
choice_2:no:0xD10aF548625E68F97013FaE2d14343EBa46C6952

from gips.

This is rolled out on testnet, we are currently testing developer and user tools to ensure things work properly.

• web3 cli
• web3.js
• metamask

from gips.

This is going live on mainnet in one week...

from gips.