MANY SIGNED NOTES BEING BROADCASTED CLAIMING MEMPOOLS WILL ALWAYS CLEAR THAT WILL AGE HORRIBLY. π
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πͺπ½ 
Why? I donβt understand this part. Please assist.
I . MISSED. YOU!!!! But I like these fun π€© colors too. Beautiful π€© #artstr right
Buenos colores π
shut up! π€£
BLOCK SPACE IS SCARCE.
ONLY SO MANY TRANSACTIONS CAN FIT IN EACH BLOCK.
AS MORE PEOPLE USE BITCOIN A SUSTAINED FEE MARKET SHOULD DEVELOP.
So you are always SPEAKING CLEARLY, even though the pool is clear at the mo?
Why do we need a Mempool if we have Bitcoin ExPoSuRe. π€£
Time to consolidate UTXOβs
Yasss. Itβs from cash app or something. I need to look again but SOOOO beautiful π»
Block space is scare because energy consumption? Right?
I WILL SPEAK CLEARLY UNTIL I LEAVE NOSTR FOR GOSTR.
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Okay but what's a mempool?
#asknostr
Amen mucker. And I love you for it π¬π§ππ
π€£
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WE INTENTIONALLY LIMIT BLOCK SPACE AT THE PROTOCOL LEVEL SO RUNNING NODES AND MINING BLOCKS IS MORE DISTRIBUTED.
Great question! Think of Bitcoinβs mempool like a waiting room for transactions.
When you send Bitcoin, your transaction doesnβt go through instantly. It first waits in line in the mempool until a miner picks it up and adds it to a block. If there are too many transactions at once, the mempool gets crowded, and fees go up because people are willing to pay more to get their transactions confirmed faster.
Right now, the mempool is almost empty, which means transactions are going through super fast, and fees are really low. Itβs like logging into your favorite online game and seeing zero queue timeβyouβre in instantly!
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Sad to see ptsd take hold ππ€£
Thank you so much for the explanation. But isn't that bad for the miners?
Small blocks mean that there is greater chance for a more decentralized network. Large blocks require processing and bandwidth out of the reach of people running commodity hardware (laptops, raspberry pi's, home computers). The less accessible bitcoin becomes to normal hardware and bandwidth, the more fuckery and collusion that can occur between large, powerful miners, and MINERS ARE OUR BITCHES AND ALWAYS SHOULD BE
Somebody gets it.
Heard. π«‘
Are you the arbiter of scarcity? Perhaps 1MB is too big?
The ant doesnβt know whatβs best for the colony.
QUALITY answer my friend!
Just checked her bio and saw that she was a 16 yrs old gamer π
Doubtful. No #shoeonhead verification and AI generated profile pic, so... Probably a 40 yr old + dude.
Haha true but had to do it π
The info is good to have out there, regardless.
Absolutely
I think private mempools will pop up more. At least until Kadashev type I.
Quite the opposite. Clearing out = cheaper fees + quicker transactions = positive for a MOE
The opposite isnβt.
ππ½
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Absolutely. Yet itβs temporary imo.
Please make more bets lol
I'm 50/50 on this
Are you Satoshi Nakamoto, @ODELL?
I actually don't get it at all π
Who are β we β in this situation?