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ZIP 2002: Explicit Fees

zips.z.cash · 784 words · saved by 1 readers

The key word "MUST" in this document is to be interpreted as described in BCP 14 1 when, and only when, it appears in all capitals. The term "network upgrade" in this document is to be interpreted as described in ZIP 200. 7 The character § is used when referring to sections of the Zcash Protocol Specification. 2 The terms "Mainnet" and "Testnet" are to be interpreted as described in § 3.12 ‘Mainnet and Testnet’. 4 This proposal adds an explicit fee field to the v6 transaction format. Instead of fees being implicit in the difference between the input value and output value of the transaction, all value transfers, including fee transfers to miners, will be explicit and committed to via the txid. When it comes to fee selection, it should be very hard to make mistakes. The current transparent fee computation (inherited from Bitcoin) — input value less output value — is prone to user error. It is very easy to forget to add an output for a change address, make a calculation error 6, mix up u

ZIP 2002: Explicit Fees ZIP: 2002 Title: Explicit Fees Owners: Daira-Emma Hopwood < [email&#160;protected] > Kris Nuttycombe < [email&#160;protected] > Jack Grigg < [email&#160;protected] > Credits: Simon Liu Status: Draft Category: Consensus License: MIT Discussions-To: < https://github.com/zcash/zips/issues/803 > Pull-Request: < https://github.com/zcash/zips/pull/919 > Terminology The key word "MUST" in this document is to be interpreted as described in BCP 14 1 when, and only when, it appears in all capitals. The term "network upgrade" in this document is to be interpreted as described in Z

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