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HIP-1264: Dollar-denominated values #1264
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I think the greatest strength of this HIP is its simplicity. The fact that we would be piggybacking on the With that said, this proposal significantly increases the importance and impact of Hedera's exchange rate oracle. Currently, this is mainly being used for calculating network fees, which are very small but with this change, the oracle will be responsible for determining the value of potentially massive transfers. Because of this, if there is any downtime, inaccuracy or potential manipulation would now have a much more sever impact than before. |
Signed-off-by: Giuseppe Bertone <[email protected]>
Signed-off-by: Giuseppe Bertone <[email protected]>
Signed-off-by: Giuseppe Bertone <[email protected]>
Signed-off-by: Michael Garber <[email protected]>
Signed-off-by: Giuseppe Bertone <[email protected]>
Description:
This PR introduces the draft proposal for the Dollar-denominated values HIP.
Discussion started here: #1230