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It's in Dogecoin already: https://github.com/dogecoin/dogecoin/blob/master/src/validation.h#L61 Obviously we can't control what others run, so if they override that it's on them, but the default implementation certainly has a safety limit in. |
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In Sept, Bitfinex just spent $23.7 million in fees to make a single Ethereum transaction by mistake. Luckily, the miner returns all the fees (https://www.theblockcrypto.com/post/118753/bitfinex-just-spent-23-7-million-in-fees-to-make-one-ethereum-transaction). However, this mistake actually can be prevented. This mistake is very similar to the "Fat Finger Error" (https://www.investopedia.com/terms/f/fat-finger-error.asp).
A simple way to prevent it is just setting an up limit check, i.e., if the order price is ±20% of the current price. Therefore, I believe it should be good to set such restrictions on the transaction fees: [0.01, 0.1] Doge.
It is also beneficial to the community, it speeds up the adoption process of the lowing transaction fee.
Any thought?
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