Smart Fee Mod for Local Wallet
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If you are a big player on the Asset Exchange or not, this will save you money and one or the other gray hair waiting for confirmation. Thanks LithStud.
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@RichBC it looks at the last block only (as this is very "expensive" data analysis - during full blocks activity the call to api return ~200KB+) and yes it uses an algo to decide what fee needs to be suggested :)
Oh forgot to say, yes you can checkmark that Autochange AE Fee and it will update that fee field on the go ;)
It simply adds +1 Burst if sees there is full block of txs of x burst fee ;)
now it cant predict future afcourse :) Sorry bout that, but regulations dont allow for me to deploy time bending algos ;)
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@LithStud Wow that is a bit intensive, perhaps there is a less accurate but less data approach?
Does it set some sort of max fee in case we have a Monsoon?
Rich
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@RichBC no it doesnt :) it will always suggest best fee to combat spam :) but its not mandatory its up to you if you want to follow its suggestion or not :) and also that expensive call is only if someone would put it on online wallet :) for local its instant (and its not like those calls are done every second - i am just slightly mad not completely :D ) one call every block.
and i doubt anyone will be willing dishing out 10 BURST fees for long ;)
aaaannnnddd now i started to think how and where i could put in some settings :D @RichBC take responsibility and give me more ideas what would be nice to be able to set here ;)
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@LithStud smell something sweet in the kitchen ...
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@LithStud said in Smart Fee Mod for Local Wallet:
@RichBC take responsibility and give me more ideas what would be nice to be able to set here ;)
Good news on the Local Wallet.
Hmm easier without pressure. Not sure that it needs much more complication, the beauty of it, is it's simplicity.
On Auto will the fee be immediately visible in the Fee box before you hit Buy / Sell?
Will Auto be remembered if you close the wallet and reopen?
Could the same system be added to ordinary Transfers and Reward Assignment?Could you come up with something that sees that you Sell or Buy has been undercut and within some preset parameters automatically cancel, adjust and resend :-)
Rich
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@rnahlawi not really sure what your talking about :P
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@RichBC said in Smart Fee Mod for Local Wallet:
@LithStud said in Smart Fee Mod for Local Wallet:
@RichBC take responsibility and give me more ideas what would be nice to be able to set here ;)
Good news on the Local Wallet.
Hmm easier without pressure. Not sure that it needs much more complication, the beauty of it, is it's simplicity.
On Auto will the fee be immediately visible in the Fee box before you hit Buy / Sell?
Will Auto be remembered if you close the wallet and reopen?
Could the same system be added to ordinary Transfers and Reward Assignment?Could you come up with something that sees that you Sell or Buy has been undercut and within some preset parameters automatically cancel, adjust and resend :-)
Rich
Hmm lets see :D Yes, No (i didnt want to data into browser cache, but if its needed shouldnt be too hard to add), this one is Sorta and No :) sorta as i have an idea that if it works it will be able to change ordinary transfers and No due to assigment fee being hardcoded into client itself :(
As for last one, i am not a fan of bots on exchanges and am a huge believer in personal trading :D
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@LithStud All understood on the answers. I have kicked myself several times for not checking for Rain before placing an order, so looking forward to this. Not so much for an edge over others trading, more to not be sitting there for ages wondering if it will go through.
As a matter of interest do you know what happens if say 2 people attempt to buy some shares, both entering the same price and fee? Is it just the first transaction to "get through" that wins, or is there any element of timestamping that plays a part?
On the trading agreed. Although a real thought it was semi tongue in cheek, however I suspect it's only a matter of time before someone comes up with a Burst Asset Trading App.
Rich
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@RichBC without looking into clients code cant really be sure. But it would be logical that it would follow same rules fee->timestamp to decide who is first. Maybe someone has looked into java code about this @daWallet @luxe ?
As for bot its not that hard once you have the logic part down, as long your ok with delays due to block generation :) probably the most dangerous side of that is fee, as trying to accomplish its task bot might eat a lot of burst in proccess :)
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@LithStud This is really awesome, currently the spam is basically a stress test to burstcoin network ... but if burst becomes more successful, block payload/transactions will always be completely used and fee need to be adjustable. A info like in bitcoin, how much fee is needed to get your transaction processed is really ... did i say that already? ... awesome :-)
Just send you some love :-)
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lol @LithStud is at it again :)
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Wonderful! I like it!
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If anyone wants to try: https://wallet.nixxda.ninja:8125/index.html Hammer it!-) This is eval. if I can provide another online Wallet! So maybe dont use your big accounts with it just yet! https://wallet.nixxda.ninja:8125/paydivs.html should work aswell!
Thanks @LithStudand also http://util.nixxda.ninja:8888/ in a bit!
and https://wallet.nixxda.ninja:8125/atlotteries.html
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@nixxda thanks a lot, cool to see mods in action and a mirror of observer :-)
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This post is deleted!
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Here we go again. Thanks for the provisional umbrella Lithstud. I think this mod should find its way to the main wallet after some polishing.
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@LithStud Cool man thanks for that to you and @daWallet for the idea...
I have a couple of suggestions:
You should put more checkboxes for the remaining transactions (like you have for Autochange AE Fee)...
It should be in there Autochange for messages, transfers (and not sure if it is already included in the AE but it should have for order cancelations too), and never used the Marketplace or the Aliases but it should work for the fees related to this areas too... ;DI know i only give trouble xP
Thanks again for this bro ;D




