BlockBack Tuesday #058

Weekly we propose videos from Blockchain Zoo youtube archive!
This week video is: How Fee Scaling in ZooBC Works

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Every blockchain has transaction fees, but why? Do they have systems that help keep the fee at a reasonable level? Many do not, but ZooBC takes a unique approach to this problem. In this video, we learn about different stages of the ZooBC fee scaling model, such as:

  • Committing to fee votes
  • Revealing fee votes
  • Adjusting a network fee scale

Learn more about fee scaling in the ZooBC White Paper:


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