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The Zcash development team has proposed a Dynamic Fee Scheme aimed at addressing skyrocketing fees during network congestion.
BlockBeats News, December 9th, the Zcash development team proposed a dynamic fee scheme aiming to address the issue of skyrocketing fees during network congestion due to a fixed rate. The new proposal, released by Shielded Labs, suggests using the median fee of the past 50 blocks as the base fee and applying logarithmic scaling by powers of 10. It also introduces a 10x fee priority lane during congestion to prevent users from being priced out of the network. This scheme will be rolled out in phases and may ultimately be implemented as a simple consensus change, avoiding the need for a complex design like Ethereum's EIP-1559. (CoinDesk)
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