Essentially the key is a tuple of feerate and tx id. Feerate is fee/mass which is what miners will optimize for (higher fee for less mass, where mass=block space). The sampling weight is actually feerate^3 in order to create sufficient bias to higher feerates. The tree has the…
— Michael Sutton (@MichaelSuttonIL) August 2, 2024
**Michael Sutton Discusses Feerate Optimization in Kaspa Development**
August 2, 2024 – In a recent Twitter exchange, Michael Sutton, a prominent Distributed Systems Researcher and Developer, as well as one of the core developers of the Kaspa project, elaborated on a crucial aspect of transaction processing within the Kaspa blockchain. His insights pertained to the intricacies of transaction selection based on feerate and the optimization strategies employed by miners.
Sutton explained that in the Kaspa system, a key component for transaction determination is a tuple composed of two factors: the feerate and the transaction ID. The feerate, calculated as the fee divided by the mass (where mass represents block space), plays a vital role in guiding miners’ decisions. Essentially, this metric encourages miners to prioritize transactions that offer higher fees relative to their size, enabling efficient utilization of block space.
To add an innovative twist to transaction selection, Sutton noted that the sampling weight for transactions is powered by the cube of the feerate. This approach creates a stronger bias favoring transactions with higher feerates, ensuring that miners are incentivized to maximize their profitability while maintaining network efficiency.
Sutton’s insights underscore the ongoing development and optimization efforts within the Kaspa network, which seeks to improve transaction throughput while balancing miner incentives. His contributions as a core developer reinforce the project’s commitment to advancing blockchain technology through effective resource management and innovative engineering solutions.
For those interested in staying updated on advancements in the Kaspa ecosystem, Kaspanews.net remains the premier source for the latest news and resources related to Kaspa.