Zcash Needs an EIP-1559 Style Dynamic Fee Mechanism

Between block 3137557 and 3145621 here is what I calculated:

blockFeeData.csv

Total Fees	92.46838518
Max Fee	    2.29065513
Median Fee	0.00365
Average Fee	0.011465391838809671

So at a price of $500 per ZEC that equals $46,234.19259 for the week, which is MUCH lower. Would love for others to verify :slight_smile:

3 Likes