Hi Lisa,
Some background for people who are not familiar with mempool:
The mempool is a cache of unconfirmed transactions, designed in a way
to help miners efficiently pick the highest feerate packages to
include in new blocks. It stores more than a block's worth of
transactions because
On Monday, October 25th, 2021 at 10:56 PM, lisa neigut via bitcoin-dev
wrote:
> Hi all,
>
> In a recent conversation with @glozow, I had the realization that the mempool
> is obsolete and should be eliminated.
Hi Lisa,
I see where this idea is coming from, especially as it relates to
Good morning Antoine,
> However, as we discussed recently, i do believe their is a failure mode here.
> On one hand, directly connecting to pools is already possible today and
> pretty effective given the current mining centralization. On the other hand,
> it's not possible for most
Hi Niftynei,
I share the concerns raised about direct connections to mining pools being a
centralization pressure: de-anonymization and an inevitable higher barrier to
entry. Making it more difficult to reach smaller miners is another one.
Regarding fee estimation you state:
> Initial feerate
Good morning e, and lisa,
> Agree ZmnSCPxj
>
> Hi lisa,
>
> I'm all for removing it from memory. :) Did that a while ago. We just call it
> the transaction pool.
>
> There will always be unconfirmed transactions floating around (even just from
> reorgs). Best to store them somewhere. Disk is
Agree ZmnSCPxj
Hi lisa,
I'm all for removing it from memory. :) Did that a while ago. We just call it
the transaction pool.
There will always be unconfirmed transactions floating around (even just from
reorgs). Best to store them somewhere. Disk is cheap, block distribution (e.g.
compact)
Good morning lisa,
> Hi all,
>
> In a recent conversation with @glozow, I had the realization that the mempool
> is obsolete and should be eliminated.
>
> Instead, users should submit their transactions directly to mining pools,
> preferably over an anonymous communication network such as tor.
Hi all,
In a recent conversation with @glozow, I had the realization that the
mempool is obsolete and should be eliminated.
Instead, users should submit their transactions directly to mining pools,
preferably over an anonymous communication network such as tor. This can
easily be achieved by
