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authorAlex Morcos <morcos@chaincode.com>2016-03-21 13:04:40 -0400
committerWladimir J. van der Laan <laanwj@gmail.com>2016-11-07 13:22:34 +0100
commitb2322e0fc6def0baf8581bbd2f4135e61c47d142 (patch)
tree1c423d301092b8e94e23d65bce508a0f181b9ac5 /src/policy/fees.h
parented64bcec2dde1f4255f3bd5b0c2f01e4dfe260d3 (diff)
Remove priority estimation
Diffstat (limited to 'src/policy/fees.h')
-rw-r--r--src/policy/fees.h115
1 files changed, 44 insertions, 71 deletions
diff --git a/src/policy/fees.h b/src/policy/fees.h
index 2c1ac3b934..b5881afadf 100644
--- a/src/policy/fees.h
+++ b/src/policy/fees.h
@@ -19,60 +19,50 @@ class CTxMemPoolEntry;
class CTxMemPool;
/** \class CBlockPolicyEstimator
- * The BlockPolicyEstimator is used for estimating the fee or priority needed
+ * The BlockPolicyEstimator is used for estimating the feerate needed
* for a transaction to be included in a block within a certain number of
* blocks.
*
* At a high level the algorithm works by grouping transactions into buckets
- * based on having similar priorities or fees and then tracking how long it
+ * based on having similar feerates and then tracking how long it
* takes transactions in the various buckets to be mined. It operates under
- * the assumption that in general transactions of higher fee/priority will be
- * included in blocks before transactions of lower fee/priority. So for
- * example if you wanted to know what fee you should put on a transaction to
+ * the assumption that in general transactions of higher feerate will be
+ * included in blocks before transactions of lower feerate. So for
+ * example if you wanted to know what feerate you should put on a transaction to
* be included in a block within the next 5 blocks, you would start by looking
- * at the bucket with the highest fee transactions and verifying that a
+ * at the bucket with the highest feerate transactions and verifying that a
* sufficiently high percentage of them were confirmed within 5 blocks and
- * then you would look at the next highest fee bucket, and so on, stopping at
- * the last bucket to pass the test. The average fee of transactions in this
- * bucket will give you an indication of the lowest fee you can put on a
+ * then you would look at the next highest feerate bucket, and so on, stopping at
+ * the last bucket to pass the test. The average feerate of transactions in this
+ * bucket will give you an indication of the lowest feerate you can put on a
* transaction and still have a sufficiently high chance of being confirmed
* within your desired 5 blocks.
*
- * When a transaction enters the mempool or is included within a block we
- * decide whether it can be used as a data point for fee estimation, priority
- * estimation or neither. If the value of exactly one of those properties was
- * below the required minimum it can be used to estimate the other. In
- * addition, if a priori our estimation code would indicate that the
- * transaction would be much more quickly included in a block because of one
- * of the properties compared to the other, we can also decide to use it as
- * an estimate for that property.
- *
- * Here is a brief description of the implementation for fee estimation.
- * When a transaction that counts for fee estimation enters the mempool, we
+ * Here is a brief description of the implementation:
+ * When a transaction enters the mempool, we
* track the height of the block chain at entry. Whenever a block comes in,
- * we count the number of transactions in each bucket and the total amount of fee
+ * we count the number of transactions in each bucket and the total amount of feerate
* paid in each bucket. Then we calculate how many blocks Y it took each
* transaction to be mined and we track an array of counters in each bucket
* for how long it to took transactions to get confirmed from 1 to a max of 25
* and we increment all the counters from Y up to 25. This is because for any
* number Z>=Y the transaction was successfully mined within Z blocks. We
* want to save a history of this information, so at any time we have a
- * counter of the total number of transactions that happened in a given fee
+ * counter of the total number of transactions that happened in a given feerate
* bucket and the total number that were confirmed in each number 1-25 blocks
* or less for any bucket. We save this history by keeping an exponentially
* decaying moving average of each one of these stats. Furthermore we also
* keep track of the number unmined (in mempool) transactions in each bucket
* and for how many blocks they have been outstanding and use that to increase
- * the number of transactions we've seen in that fee bucket when calculating
+ * the number of transactions we've seen in that feerate bucket when calculating
* an estimate for any number of confirmations below the number of blocks
* they've been outstanding.
*/
/**
- * We will instantiate two instances of this class, one to track transactions
- * that were included in a block due to fee, and one for tx's included due to
- * priority. We will lump transactions into a bucket according to their approximate
- * fee or priority and then track how long it took for those txs to be included in a block
+ * We will instantiate an instance of this class to track transactions that were
+ * included in a block. We will lump transactions into a bucket according to their
+ * approximate feerate and then track how long it took for those txs to be included in a block
*
* The tracking of unconfirmed (mempool) transactions is completely independent of the
* historical tracking of transactions that have been confirmed in a block.
@@ -80,7 +70,7 @@ class CTxMemPool;
class TxConfirmStats
{
private:
- //Define the buckets we will group transactions into (both fee buckets and priority buckets)
+ //Define the buckets we will group transactions into
std::vector<double> buckets; // The upper-bound of the range for the bucket (inclusive)
std::map<double, unsigned int> bucketMap; // Map of bucket upper-bound to index into all vectors by bucket
@@ -97,16 +87,15 @@ private:
// and calculate the totals for the current block to update the moving averages
std::vector<std::vector<int> > curBlockConf; // curBlockConf[Y][X]
- // Sum the total priority/fee of all tx's in each bucket
+ // Sum the total feerate of all tx's in each bucket
// Track the historical moving average of this total over blocks
std::vector<double> avg;
// and calculate the total for the current block to update the moving average
std::vector<double> curBlockVal;
// Combine the conf counts with tx counts to calculate the confirmation % for each Y,X
- // Combine the total value with the tx counts to calculate the avg fee/priority per bucket
+ // Combine the total value with the tx counts to calculate the avg feerate per bucket
- std::string dataTypeString;
double decay;
// Mempool counts of outstanding transactions
@@ -123,9 +112,8 @@ public:
* @param defaultBuckets contains the upper limits for the bucket boundaries
* @param maxConfirms max number of confirms to track
* @param decay how much to decay the historical moving average per block
- * @param dataTypeString for logging purposes
*/
- void Initialize(std::vector<double>& defaultBuckets, unsigned int maxConfirms, double decay, std::string dataTypeString);
+ void Initialize(std::vector<double>& defaultBuckets, unsigned int maxConfirms, double decay);
/** Clear the state of the curBlock variables to start counting for the new block */
void ClearCurrent(unsigned int nBlockHeight);
@@ -133,7 +121,7 @@ public:
/**
* Record a new transaction data point in the current block stats
* @param blocksToConfirm the number of blocks it took this transaction to confirm
- * @param val either the fee or the priority when entered of the transaction
+ * @param val the feerate of the transaction
* @warning blocksToConfirm is 1-based and has to be >= 1
*/
void Record(int blocksToConfirm, double val);
@@ -150,14 +138,14 @@ public:
void UpdateMovingAverages();
/**
- * Calculate a fee or priority estimate. Find the lowest value bucket (or range of buckets
+ * Calculate a feerate estimate. Find the lowest value bucket (or range of buckets
* to make sure we have enough data points) whose transactions still have sufficient likelihood
* of being confirmed within the target number of confirmations
* @param confTarget target number of confirmations
* @param sufficientTxVal required average number of transactions per block in a bucket range
* @param minSuccess the success probability we require
- * @param requireGreater return the lowest fee/pri such that all higher values pass minSuccess OR
- * return the highest fee/pri such that all lower values fail minSuccess
+ * @param requireGreater return the lowest feerate such that all higher values pass minSuccess OR
+ * return the highest feerate such that all lower values fail minSuccess
* @param nBlockHeight the current block height
*/
double EstimateMedianVal(int confTarget, double sufficientTxVal,
@@ -184,35 +172,27 @@ static const unsigned int MAX_BLOCK_CONFIRMS = 25;
/** Decay of .998 is a half-life of 346 blocks or about 2.4 days */
static const double DEFAULT_DECAY = .998;
-/** Require greater than 95% of X fee transactions to be confirmed within Y blocks for X to be big enough */
+/** Require greater than 95% of X feerate transactions to be confirmed within Y blocks for X to be big enough */
static const double MIN_SUCCESS_PCT = .95;
static const double UNLIKELY_PCT = .5;
-/** Require an avg of 1 tx in the combined fee bucket per block to have stat significance */
+/** Require an avg of 1 tx in the combined feerate bucket per block to have stat significance */
static const double SUFFICIENT_FEETXS = 1;
-/** Require only an avg of 1 tx every 5 blocks in the combined pri bucket (way less pri txs) */
-static const double SUFFICIENT_PRITXS = .2;
-
-// Minimum and Maximum values for tracking fees and priorities
+// Minimum and Maximum values for tracking feerates
static const double MIN_FEERATE = 10;
static const double MAX_FEERATE = 1e7;
static const double INF_FEERATE = MAX_MONEY;
-static const double MIN_PRIORITY = 10;
-static const double MAX_PRIORITY = 1e16;
static const double INF_PRIORITY = 1e9 * MAX_MONEY;
-// We have to lump transactions into buckets based on fee or priority, but we want to be able
-// to give accurate estimates over a large range of potential fees and priorities
+// We have to lump transactions into buckets based on feerate, but we want to be able
+// to give accurate estimates over a large range of potential feerates
// Therefore it makes sense to exponentially space the buckets
/** Spacing of FeeRate buckets */
static const double FEE_SPACING = 1.1;
-/** Spacing of Priority buckets */
-static const double PRI_SPACING = 2;
-
/**
- * We want to be able to estimate fees or priorities that are needed on tx's to be included in
+ * We want to be able to estimate feerates that are needed on tx's to be included in
* a certain number of blocks. Every time a block is added to the best chain, this class records
* stats on the transactions included in that block
*/
@@ -235,27 +215,26 @@ public:
/** Remove a transaction from the mempool tracking stats*/
void removeTx(uint256 hash);
- /** Is this transaction likely included in a block because of its fee?*/
- bool isFeeDataPoint(const CFeeRate &fee, double pri);
-
- /** Is this transaction likely included in a block because of its priority?*/
- bool isPriDataPoint(const CFeeRate &fee, double pri);
-
- /** Return a fee estimate */
+ /** Return a feerate estimate */
CFeeRate estimateFee(int confTarget);
- /** Estimate fee rate needed to get be included in a block within
+ /** Estimate feerate needed to get be included in a block within
* confTarget blocks. If no answer can be given at confTarget, return an
* estimate at the lowest target where one can be given.
*/
CFeeRate estimateSmartFee(int confTarget, int *answerFoundAtTarget, const CTxMemPool& pool);
- /** Return a priority estimate */
+ /** Return a priority estimate.
+ * DEPRECATED
+ * Returns -1
+ */
double estimatePriority(int confTarget);
/** Estimate priority needed to get be included in a block within
- * confTarget blocks. If no answer can be given at confTarget, return an
- * estimate at the lowest target where one can be given.
+ * confTarget blocks.
+ * DEPRECATED
+ * Returns -1 unless mempool is currently limited then returns INF_PRIORITY
+ * answerFoundAtTarget is set to confTarget
*/
double estimateSmartPriority(int confTarget, int *answerFoundAtTarget, const CTxMemPool& pool);
@@ -263,29 +242,23 @@ public:
void Write(CAutoFile& fileout);
/** Read estimation data from a file */
- void Read(CAutoFile& filein);
+ void Read(CAutoFile& filein, int nFileVersion);
private:
CFeeRate minTrackedFee; //!< Passed to constructor to avoid dependency on main
- double minTrackedPriority; //!< Set to AllowFreeThreshold
unsigned int nBestSeenHeight;
struct TxStatsInfo
{
- TxConfirmStats *stats;
unsigned int blockHeight;
unsigned int bucketIndex;
- TxStatsInfo() : stats(NULL), blockHeight(0), bucketIndex(0) {}
+ TxStatsInfo() : blockHeight(0), bucketIndex(0) {}
};
// map of txids to information about that transaction
std::map<uint256, TxStatsInfo> mapMemPoolTxs;
/** Classes to track historical data on transaction confirmations */
- TxConfirmStats feeStats, priStats;
-
- /** Breakpoints to help determine whether a transaction was confirmed by priority or Fee */
- CFeeRate feeLikely, feeUnlikely;
- double priLikely, priUnlikely;
+ TxConfirmStats feeStats;
};
class FeeFilterRounder