Irresponsible developer release of totally un-tested code for a permission-less ERC-20 killer on Bitcoin SV:
https://media.bitcoinfiles.org/6e2b25a9b05aad13498d33fb0f563d7cf2c2505dd6cde41985bf9592b267d227
Post by twetch#1784
https://twitter.com/AttilaAros/status/1327530759062622208
I'll actually test it (beyond just compiling) soon™ and write up a blog post and update the Javascript libraries to make it easy to work with.
What the chain says
- Block
- 661 213
- Time
- 2020-11-14T09:55:45Z
- Signer
- 17DJKzxx6XvzHy41vRTYU91ugMtFY1CNQ2
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#1784
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
17DJKzxx6XvzHy41vRTYU91ugMtFY1CNQ2 VerifiedReplies (8)
Doesn’t sound super competitive fee wise
Here's one compiled with only loop(2) (up to 2 inputs to merge or 2 outputs)
https://whatsonchain.com/tx/2bf8b347787da1b22fcb09dccad5640697cc3b14fca74d22a1876181f24e5c06
It's ~5KB only in that case. I picked 20 inputs and outputs as a good "standard" so that the base contract is ~10KB (not bad trade-off for 20x more inputs/outputs).
For the reference: erc20 transfer is about $0.5, eth transfer is about $0.2. I like 20 inputs for erc20 :D
Great point! I just ran the numbers now.
Assuming BSV is worth 10x today ($2,000 USD) then the fee is about 5-10 cents per transfer at the current fee rate (0.1 sat/byte). That fee rate will go down 10-20x over next 12-24 months.