Make lamports_per_signature dynamic based on cluster load (#4562)

* Make lamports_per_signature dynamic based on cluster load

* Move transaction-fees.md to implemented
This commit is contained in:
Michael Vines
2019-06-10 22:18:32 -07:00
committed by GitHub
parent a4035a3c65
commit e4d8ea11ac
14 changed files with 391 additions and 115 deletions

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@@ -55,15 +55,15 @@
- [References](ed_references.md)
- [Cluster Test Framework](cluster-test-framework.md)
- [Credit-only Accounts](credit-only-credit-debit-accounts.md)
- [Deterministic Transaction Fees](transaction-fees.md)
- [Validator](validator-proposal.md)
- [Implemented Design Proposals](implemented-proposals.md)
- [Cluster Software Installation and Updates](installer.md)
- [Deterministic Transaction Fees](transaction-fees.md)
- [Fork Selection](fork-selection.md)
- [Leader-to-Leader Transition](leader-leader-transition.md)
- [Leader-to-Validator Transition](leader-validator-transition.md)
- [Testing Programs](testing-programs.md)
- [Reliable Vote Transmission](reliable-vote-transmission.md)
- [Persistent Account Storage](persistent-account-storage.md)
- [Cluster Software Installation and Updates](installer.md)
- [Passive Stake Delegation and Rewards](passive-stake-delegation-and-rewards.md)
- [Persistent Account Storage](persistent-account-storage.md)
- [Reliable Vote Transmission](reliable-vote-transmission.md)
- [Testing Programs](testing-programs.md)

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@@ -8,17 +8,14 @@ client won't know how much was collected until the transaction is confirmed by
the cluster and the remaining balance is checked. It smells of exactly what we
dislike about Ethereum's "gas", non-determinism.
## Implementation Status
This design is not yet implemented, but is written as though it has been. Once
implemented, delete this comment.
### Congestion-driven fees
Each validator uses *signatures per slot* (SPS) to estimate network congestion
and *SPS target* to estimate the desired processing capacity of the cluster.
The validator learns the SPS target from the genesis block, whereas it
calculates SPS from the ledger data in the previous epoch.
calculates SPS from recently processed transactions. The genesis block also
defines a target `lamports_per_signature`, which is the fee to charge per
signature when the cluster is operating at *SPS target*.
### Calculating fees
@@ -37,8 +34,11 @@ lamports as returned by the fee calculator.
In the first implementation of this design, the only fee parameter is
`lamports_per_signature`. The more signatures the cluster needs to verify, the
higher the fee. The exact number of lamports is determined by the ratio of SPS
to the SPS target. The cluster lowers `lamports_per_signature` when SPS is
below the target and raises it when at or above the target.
to the SPS target. At the end of each slot, the cluster lowers
`lamports_per_signature` when SPS is below the target and raises it when above
the target. The minimum value for `lamports_per_signature` is 50% of the target
`lamports_per_signature` and the maximum value is 10x the target
`lamports_per_signature'
Future parameters might include: