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C
CNEWS.dev
Proposedby Canton Foundation

CIP-0117: Gas Fee Market Redesign

Overview

CIP-0117 proposes a redesign of Canton's transaction fee market to improve predictability and fairness. The current fee structure is replaced with a base-fee-plus-priority model inspired by EIP-1559, adapted for Canton's multi-domain architecture. The proposal introduces domain-specific base fees that adjust dynamically based on utilization, priority fees for time-sensitive transactions, and fee delegation mechanisms that allow application operators to sponsor user transaction fees.

Impact on Canton Network

Predictable transaction fees are important for institutional budgeting and application development. CIP-0117 would make Canton's fee market more transparent and enable gasless user experiences through fee delegation.

About Canton Network Governance

Canton Improvement Proposals (CIPs) are the formal mechanism for suggesting changes to the Canton Network protocol, standards, and ecosystem processes. Each CIP goes through a lifecycle from Draft to Proposed to Active or Implemented, with community review and validator consensus required for adoption.

The CIP process ensures that protocol changes are carefully considered, widely reviewed, and transparently documented. This governance framework is essential for maintaining Canton's position as the leading institutional blockchain, where predictability and stability are paramount.

Frequently Asked Questions

What changes does CIP-0117 propose?

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CIP-0117 proposes a base-fee-plus-priority model for Canton transaction fees, with dynamic adjustment per domain, priority bidding, and fee delegation so apps can sponsor user fees.

Will Canton fees decrease?

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CIP-0117 focuses on fee predictability rather than reduction. Base fees adjust dynamically to network demand, and fee delegation enables gasless experiences for end users.