Kaspa fee market R&D update: after merging RBF a few days ago, now we’re looking at fee estimation methods. We started by converging on the correct API with the thinking that implementation details can be improved over time. The following notebook contains the currently explored… pic.twitter.com/B4z6TDuloM
— Michael Sutton (@MichaelSuttonIL) July 25, 2024
**Michael Sutton Provides Update on Kaspa Fee Market R&D**
*July 25, 2024 | Kaspa News Network*
Michael Sutton, a prominent Distributed Systems Researcher and Developer, and one of the core developers of Kaspa, has shared an exciting update on the ongoing research and development efforts for Kaspa’s fee market. In a recent tweet, he highlighted significant progress made in refining the method for fee estimation following the recent implementation of Replace-By-Fee (RBF).
“Kaspa fee market R&D update: after merging RBF a few days ago, now we’re looking at fee estimation methods. We started by converging on the correct API with the thinking that implementation details can be improved over time. The following notebook contains the currently explored…” Sutton tweeted, directing followers to a detailed notebook that elaborates on the various fee estimation methods currently under review.
The introduction of Replace-By-Fee within the Kaspa network marks a pivotal enhancement, allowing for more efficient and flexible transaction replacements and fee adjustments. As the team moves forward, the focus has now shifted to refining the fee estimation process to ensure that it is both robust and scalable.
By zeroing in on an optimal API, Sutton and his team aim to lay a strong foundation that can accommodate future improvements. The approach signifies a commitment to iterative development, ensuring that each step is thoroughly vetted and refined before broader implementation.
For those deeply embedded within the Kaspa ecosystem, Sutton’s updates provide a valuable glimpse into the meticulous work being done to enhance the network’s functionality and efficiency.
Stay tuned to Kaspanews.net for the latest updates and in-depth resources on all things Kaspa, as we continue to bring you the most current and reliable news in the cryptocurrency space.
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