[feature] Relaxed Conf Counting
Related #1252 (closed)
Related reading: https://medium.com/coinmonks/1confvalue-a-simple-pow-confirmation-rule-of-thumb-a8d9c6c483dd
With higher trade volume, our conf counting model could be seen as too conservative and may need to be relaxed in the future. This could be because of market volatility or a need for a large amount of arbs in a short period of time.
The proposal is to add a new mimir (ConfCountingMultiple
) that can multiply the value that each block allows into the network.
For example, if we have 100 BTC coming into the network in a single block, it would require 16 blocks (100/6.25
). With ConfCountingMultiple
set at 5
, it would do the same 100 BTC in 4 blocks (100/(5*6.25)
)
Edited by Son of Odin