Blockchain rent: fixed cost per word-block



Just pointing you to.

I heard good notes from @arachnid @vbuterin and they have changed my mind on the topic, as well as many other people. So here is a more formal explanation if anybody in interested in the rent topic.


I really don’t think it’s a good idea to tie the cost of rent to a fixed value in ether. The cost of rent should depend on storage constraints, not on how much people are willing to pay for a unit of ether.


Have you seen the discussion here about including a sleeping/waking mechanism to go along with rental storage? Including the ability to wake up a contract after it has been evicted will make it so that people will not have to fear that the eviction process will cause them to lose everything.

I also think that it is a waste of storage space to keep track of the balance and the rent balance separately - Getting evicted while you still have an ether balance is going to be the dumbest possible waste of eth, and if we use a sleep/wake mechanism, the account can be put to sleep whenever you don’t want to keep spending eth to keep it in storage.

I also think that there needs to be a better argument for fixing the price then “we can peg one of the values and it will be okay.” It is reasonable to say that the fixed value will make storage time more predictable, but that argument needs to be fully fleshed out so that it can be compared with the alternatives - a floating value or a governed value.