according to CoinDesk, the Zcash core development team ShieldedLabs has released a detailed proposal for a dynamic fee market aimed at addressing network congestion and rising transaction costs. The proposal suggests adopting a dynamic pricing mechanism based on the median fee of the previous 50 blocks and opening priority channels during high demand periods.
Currently, Zcash uses a static fee model, initially set at 10,000 zatoshi, later reduced to 1,000 zatoshi. Although the previous ZIP-317 proposal introduced behavior-based billing, it still maintained a predictable low fee structure. With the rise in ZEC prices, an increase in retail users, and growing institutional interest, developers believe the existing fee model is no longer sustainable.
The new proposal will be implemented in phases, starting with off-chain monitoring, then as a wallet strategy, and finally a consensus change after approval. This mechanism avoids the complexity similar to EIP-1559 while maintaining Zcash's privacy features.
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