Agoric
beta v.0.320.074
Type:
Parameter Change Proposal
Total:
219 822 656.6979 BLD
Yes
100.00%
(219 822 064.34 BLD)
No
0.00%
(136.92 BLD)
Veto
0.00%
(0.00 BLD)
Abstain
0.00%
(455.43 BLD)
Total Deposit:
5 000 BLD
Voting Start:
08.11.2023, 00:26:00
Voting End:
11.11.2023, 00:26:00
Submit Time:
07.11.2023, 19:35:48
Deposit End Time:
09.11.2023, 19:35:48
As developers we continue to build upon Agoric blockchain's capabilities; however, one pressing challenge that our community faces is the high cost associated with installing bundles on-chain.
Currently, the cost stands at approximately 0.002 IST/byte or $2 per kilobyte (KB) (see DefaultBeansPerStorageByte parameter), a rate that significantly restricts participation and innovation, particularly for developers and projects that require deploying large or numerous smart contracts and applications on Agoric blockchain.
To address the outlined issues and foster a more inclusive and innovative environment, we’d like to propose reducing the cost of installing a bundle on-chain from $2/KB to $0.02/KB.
Voter
Answer
Tx Hash