Here are the notes from the call held by the block Producers today (TMLG call), courtesy of Crypto Lions
RAM Updates
- Not just producers, but all nodes must increase their Ram.
- fractional reserves a bad idea (selling RAM you don't have)
- Planned annual increase of RAM by 20% of RAM.
- No shocks to the system (doubling overnight) because the market would go crazy. Trickle it onto the market.
- Considering additional approaches to scaling: side chains, paging with fast storage.
Constitution Updates
- Wants to make BP decisions as objective as possible.
- Apps should have their own governance processes to update themselves without BP involvement.
- Reiterated lack of objective boundaries for arbitrator-BP power. (Same as decribed in the medium post.)
- Proposes for the future creating some discouragement for exercising BP intervention on smart contracts. (hourly rate, for example)
Dan Misc: - (name auctions) 6-11 character name auctions (every ten minutes instead of every day)
- (side chains) IBC message = "inter blockchain communication" message. One IBC message places the same burden on the network as ten internal messages.
- (security ) B1 will release a preview of Keosd for macbooks in next 2 weeks. Keosd running in background. Keys never leave computer.
- (Constitutional process) Feature changes should all require a referendum. Referred to block chains as "your" blockchain.
- Thanked BPs for their work. of
Hey, cool summary, speeding up names sale is excellent!
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Thanks @aclarkuk82 - you’ve done the hard work for us so we can just read your summary! :)
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