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RE: BEOS - Alternative proposal for Bitshares 3.0
dex will require sequential tx processing and there are downsides with bandwidth model because you will keep running out of bandwidth unless you have a lot and thus can't run a bot properly. fee model lets you place orders when you want to at high frequency. bandwidth model tells you when you can place orders.
bts can be upgraded to lower latency dpos 3 form without using bandwidth model or inflation. bandwidth model requires inflation, while bts has no inflation.
What do you mean "bandwidth model requires inflation"?
Bandwidth model just takes your personal amount of VESTs and divides it by the total amount of everyone's VESTs and that's the % of transactions per second you can do.
So if 100 000 transactions per second are possible and I own 1% of all VESTs then I can do 1000 trx/s no?
Where does inflation come into play?
Thanks!
I don't think there will be a problem with bandwidth model provided bot owner has some base tokens staked to reserve required bandwidth.
Transaction fees are an obstacle to adoption and use and removing them is the right thing to do.