Why Nostr? What is Njump?
2024-09-07 15:58:28

DugandRupe on Nostr: Love the near weekly question of “MartyBent, do you still think mempools will ever ...

Love the near weekly question of “, do you still think mempools will ever clear?” . But now realised (well, and actually helped me realise) , if there at 65mb or 35 blocks worth of transactions of 1 or 2 sats/vB, they will never clear. Feels like equilibrium as been reached.

When you need a transaction quickly, 4sats/vB gets it done and that’s cheap as!!!, willing to take some time, maybe 2sats/vB, but honestly, will there ever be so few of these ultimately very low fee transactions to allow for so many 1 and 2 sat transactions to be processed?

Unless the number of new transaction falls massively for hours on end, I doubt it. I reckon all those 1sat/vb “cheapskates” need to resend transactions with higher fees to get them processed.

Actually don’t care. Onchain transactions are cheap and they’re always plenty of transactions waiting to be processed. #bitcoin
Author Public Key
npub1zrmu0amjmkynxlxgmdsyrjmp8vhxdz8ch5vja9vh9ym4natg8k5s8ge9wx