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1/4 #Monero has dynamic block sizing, which impacts greater network scalability.
Important points about Monero block size:
—Dynamic blocks does NOT mean perfectly elastic blocks. Monero does not just slam the entire mempool into the next block.
Important points about Monero block size:
—Dynamic blocks does NOT mean perfectly elastic blocks. Monero does not just slam the entire mempool into the next block.
2/4 Fees have to be paid to exceed certain limits, and there are limits that cannot be exceeded no matter how much is paid. These limits adjust in response to recent blocks, hence 'dynamic.'
—Monero is very adaptive if we assume higher fees are paid.
—Monero is very adaptive if we assume higher fees are paid.
3/4 It is possible to increase the block size to ~30MB in the course of 12 hours in an extremely high fee environment. This would be expensive, but it is possible.
—Flooding the chain with minimum fee transactions does very little to expand the block size.
—Flooding the chain with minimum fee transactions does very little to expand the block size.
4/4 My understanding is that there is a small grace window for a transaction which partially crosses the penalty median, but the ultimate effect of this is very limited in comparison to using higher fee transactions.
reddit.com/r/Monero/comme…
reddit.com/r/Monero/comme…
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