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Most other projects implemented a hard coded (can be changed with software update) upper limit that is outside of real use. This means people can still set way
by noxer 5y ago
Most other projects implemented a hard coded (can be changed with software update) upper limit that is outside of real use. This means people can still set way to higher fees by accident but not accidentally loose millions.
There might be better ways but clearly doing nothing at all is worse.
And yes, I know ETH is in a uniquely bad situation on this because the range of legitimate fees is enormous.