Just curious who sidhujag is? He made a lot of changes in July 2014.
What was the final decision on a mandatory transaction fee?
0 IXC, .001 IXC, .0001 IXC?
I noticed your screen shots show a .001 IXC fee.
Hey Kraizi,
more good questions...
'sidhujag' is a lead developer on DVC, at the time Ahmed forked a copy of his work, as a starting point for porting Ixc into the 0.9.2 codebase. We had both been looking around and agreed it was the best starting point then in early Aug, I think it was. By the end of Aug, Ahmed had stripped the DVC specifics and had a working build that ran on the Ixcoin network, but looked and acted every bit like the Bitcoin 0.9.2 client, the basic components for auxpow code is there to implement merged mining, but that is as far as Sidhujag and the DVC team had gotten. It was at that point, Ahmed was time-wise taken off our Ixcoin project to work on other things, in particular I think he would tell you its been the PolyMYR pool software development, a really advanced new concept in merged-mining IMO, just read that whitepaper myself the other night, you can find it here:
https://docs.google.com/document/d/1R78lUtwnVB9o0CZpYnxWDSyZP-adgfcN4yfu1PM8jzQ or visit
http://myriadplatform.org/polymyr/ for a short description. At that point you'll know as much about it as I do.
Anyway, realizing how important these different project were to one another, I stepped up and started building source and compiling changes, learning to use GitHub, completed allot of the loose ends through Sept, pretty much brings us up to today. We've had numerous discussions on here about the transaction fees, I've argued we need to force them higher or at least enforce them, however Ahmed comes from a mining background and seems little concerned about there being any fee changes at this time, CEX.io has pledged their support & sets on the Ixcoin Foundation board, also seems little concerned over there being transaction fee changes at this time. This still makes no sense to me, and to answer your question, the decision was to leave the transaction fee calculations alone, so they operate just like Bitcoin.
Regardless, I've been looking at the code, thinking about how to make changes to the transaction fee routines, it's actually kinda complex, but from where I set, it's an inevitable change that we will have to be making. The example you see from me, is because I set it to 0.001 on my options page, and I doubt that I'll ever expect a miner to carry my payload for less than that, pretty darn cheap, from my perspective and I'm not going to be changing it to zero, just to see if a can get the transaction to go through for less, in fact after the last block is mined, I'll probably change it to a higher value, although I'm not certain yet what that might be, it most definitely will be part of our ongoing discussions here in the months to come.
For the time being the speed with which I'm seeing transactions being processed over the Ixcoin network right now, combined with what is basically 'near' free transactions fees could mean that Jumbley has it right:
Build it and the people will come!@Ahmed - correct my if I'm wrong on any of that, but I think it pretty much covers it.