Terra: Core team will explore dynamic charging models to deal with network congestion
Terra announced that the surge in trading activity yesterday caused network congestion. The TFL core team has implemented two independent solutions: first, working with Terra validators to increase the minimum gas fee required to execute transactions, thereby suppressing spam; second, the TFL core team has deployed a non-consensus interruption patch to Terra validators to reduce the number of invalid transactions in a given block. To alleviate similar problems in the future and avoid manual intervention during periods of severe network congestion, the core team is exploring a dynamic fee model that will adjust Terra's minimum gas fee to respond to fluctuating network demand.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jamie Dimon Labels Bitcoin a Tool for Crime While JPMorgan Profits from Crypto
Bitcoin Stalls After Record Highs: Analysts Urge Calm Amid Market Pause
Altcoin Season Unlikely as Bitcoin Dominance Rises, Analyst Predicts
A whale redeemed 11.23 million USD0++, with a total loss of $999,000