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Add credits. 

Remove specification from Motivation section.
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nighthawk24 2022-08-18 16:40:02 -04:00
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zip-proportional-output-fee-mechanism-pofm.rst
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@ -5,6 +5,8 @@
Owners: Aditya Bharadwaj <nighthawk24@gmail.com> Owners: Aditya Bharadwaj <nighthawk24@gmail.com>
Credits: Madars Virza Credits: Madars Virza
Kris Nuttycombe Kris Nuttycombe
Daira Hopwood
Jack Grigg
Status: Draft Status: Draft
Category: Wallet Category: Wallet
Created: 2022-08-15 Created: 2022-08-15
@ -54,7 +56,6 @@ Motivation
In light of recent network activity, it is time to review and update the In light of recent network activity, it is time to review and update the
standard 1,000 zatoshi transaction fees set in ZIP 313 [#zip-0313]_. standard 1,000 zatoshi transaction fees set in ZIP 313 [#zip-0313]_.
The conventional transaction fee presently is 0.00001 ZEC or 1,000 zats per The conventional transaction fee presently is 0.00001 ZEC or 1,000 zats per
ZIP 313, that allowed exploration of novel use cases of the Zcash blockchain. ZIP 313, that allowed exploration of novel use cases of the Zcash blockchain.
The Zcash network has operated for almost 2 years of 1,000 zats fee per shielded The Zcash network has operated for almost 2 years of 1,000 zats fee per shielded
@ -66,10 +67,8 @@ transactions with 2 outputs.
Requirements for gathering consensus Requirements for gathering consensus
------------------------------------ ------------------------------------
Wallet developers SHOULD update the fees to the proposed formula by Madars and Wallet developers SHOULD update the fees to the proposed formula under Specification section
Kris Nuttycombe [#madars-1]_ by Madars Virza and Kris Nuttycombe [#madars-1]_
min_fee = base_fee * max(1, #inputs + #outputs - 3)
Where #inputs and #outputs also take into account transparent inputs and outputs. Where #inputs and #outputs also take into account transparent inputs and outputs.
Otherwise, the fee structure (if not otherwise changed) will preferentially encourage Otherwise, the fee structure (if not otherwise changed) will preferentially encourage