[Soroban Settings upgrade] Reduce the rent costs and volatility #1488
dmkozh
started this conversation in
Core Advancement Proposals
Replies: 1 comment
-
Related discord thread: https://discord.com/channels/897514728459468821/1246171455692214323 |
Beta Was this translation helpful? Give feedback.
0 replies
Sign up for free
to join this conversation on GitHub.
Already have an account?
Sign in to comment
-
This is a proposal to update Soroban settings with a goal of improving the usability and reducing the overall costs for maintaining and interacting with the Smart Contracts. The proposal also bundles a per-transaction read limit increase as to enable support of more complex protocols.
The following pain points motivate the proposal:
While the storage fees have to be reasonably high as to prevent explosive ledger state growth, we think that we can improve the UX without changing the protocol, while still maintaining automatic fee-based protection of the network from too quick growth. Here is what is proposed:
The exact proposed setting changes can be found in stellar/stellar-core#4335. The Testnet changes follow this pattern, except it has a bit different write fee scaling as to account for much smaller state size and get the effective fees close to those on Pubnet.
Note, that the rent-related changes are meant as a short term improvement for the general issues with the rent costs on Soroban. However, more holistic changes would require a protocol change and thus will only be possible to make with the next protocol release.
Beta Was this translation helpful? Give feedback.
All reactions