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
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@@ -55,15 +55,15 @@
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- [References](ed_references.md)
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- [Cluster Test Framework](cluster-test-framework.md)
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- [Credit-only Accounts](credit-only-credit-debit-accounts.md)
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- [Deterministic Transaction Fees](transaction-fees.md)
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- [Validator](validator-proposal.md)
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- [Implemented Design Proposals](implemented-proposals.md)
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- [Cluster Software Installation and Updates](installer.md)
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- [Deterministic Transaction Fees](transaction-fees.md)
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- [Fork Selection](fork-selection.md)
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- [Leader-to-Leader Transition](leader-leader-transition.md)
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- [Leader-to-Validator Transition](leader-validator-transition.md)
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- [Testing Programs](testing-programs.md)
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- [Reliable Vote Transmission](reliable-vote-transmission.md)
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- [Persistent Account Storage](persistent-account-storage.md)
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- [Cluster Software Installation and Updates](installer.md)
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- [Passive Stake Delegation and Rewards](passive-stake-delegation-and-rewards.md)
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- [Persistent Account Storage](persistent-account-storage.md)
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- [Reliable Vote Transmission](reliable-vote-transmission.md)
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- [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
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the cluster and the remaining balance is checked. It smells of exactly what we
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dislike about Ethereum's "gas", non-determinism.
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## Implementation Status
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This design is not yet implemented, but is written as though it has been. Once
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implemented, delete this comment.
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### Congestion-driven fees
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Each validator uses *signatures per slot* (SPS) to estimate network congestion
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and *SPS target* to estimate the desired processing capacity of the cluster.
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The validator learns the SPS target from the genesis block, whereas it
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calculates SPS from the ledger data in the previous epoch.
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calculates SPS from recently processed transactions. The genesis block also
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defines a target `lamports_per_signature`, which is the fee to charge per
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signature when the cluster is operating at *SPS target*.
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### Calculating fees
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@@ -37,8 +34,11 @@ lamports as returned by the fee calculator.
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In the first implementation of this design, the only fee parameter is
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`lamports_per_signature`. The more signatures the cluster needs to verify, the
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higher the fee. The exact number of lamports is determined by the ratio of SPS
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to the SPS target. The cluster lowers `lamports_per_signature` when SPS is
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below the target and raises it when at or above the target.
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to the SPS target. At the end of each slot, the cluster lowers
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`lamports_per_signature` when SPS is below the target and raises it when above
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the target. The minimum value for `lamports_per_signature` is 50% of the target
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`lamports_per_signature` and the maximum value is 10x the target
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`lamports_per_signature'
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Future parameters might include:
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