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CD101: Mempools and Transaction Fees with the Mempool Space Team - Wiz, Simon, and Steve
1 hour 48 minutes Posted May 13, 2023 at 9:07 pm.
support dispatch: https://citadeldispatch.com/donate  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 101BLOCK: 789547PRICE: 3733 sats per dollar TOPICS: Mempools, Transaction Fees, Scaling in Layers, Mining Pools, Block Size Limit, IncentivesRead More: High Fees? Bitcoin is Working As Designed + Bitcoin Transaction Fees and UTXO ManagementWiz on Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/wizSimon on Twitter: ⁠⁠⁠⁠⁠⁠https://twitter.com/softsimon_Steve on Twitter: https://twitter.com/hunicusnostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nostr account: ⁠https://primal.net/odell⁠youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/
Pain points and improvements in the high fee market
Transactions being purged from mempools
Importance of wallets with RBF and CPFP features
RBF (Replace-By-Fee) feature
Limits and use cases of RBF and CPFP
Efficiency of RBF in high fee markets
Comparison between Bitcoin, Lightning, and Liquid
The potential of Fedimint and its advantages
Discussion on the reasons for stale blocks
The possibility of mempools never clearing again
The rise of out-of-band transactions and its implications
Pain points and improvements in the high fee market
Transactions being purged from mempools
Importance of wallets with RBF and CPFP features
RBF (Replace-By-Fee) feature
Limits and use cases of RBF and CPFP
Efficiency of RBF in high fee markets
Comparison between Bitcoin, Lightning, and Liquid
The potential of Fedimint and its advantages
Discussion on the reasons for stale blocks
The possibility of mempools never clearing again
The rise of out-of-band transactions and its implications
Announcement of a big event on May 19th
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1:48:28
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Show notes
support dispatch: https://citadeldispatch.com/donate  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 101BLOCK: 789547PRICE: 3733 sats per dollar TOPICS: Mempools, Transaction Fees, Scaling in Layers, Mining Pools, Block Size Limit, IncentivesRead More: High Fees? Bitcoin is Working As Designed + Bitcoin Transaction Fees and UTXO ManagementWiz on Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/wizSimon on Twitter: ⁠⁠⁠⁠⁠⁠https://twitter.com/softsimon_Steve on Twitter: https://twitter.com/hunicusnostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nostr account: ⁠https://primal.net/odell⁠youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/(00:23:29) Pain points and improvements in the high fee market(00:35:56) Transactions being purged from mempools(00:41:19) Importance of wallets with RBF and CPFP features(00:41:39) RBF (Replace-By-Fee) feature(00:42:19) Limits and use cases of RBF and CPFP(00:46:06) Efficiency of RBF in high fee markets(01:18:39) Comparison between Bitcoin, Lightning, and Liquid(01:19:30) The potential of Fedimint and its advantages(01:26:11) Discussion on the reasons for stale blocks(01:33:07) The possibility of mempools never clearing again(01:37:08) The rise of out-of-band transactions and its implications(01:43:56) Announcement of a big event on May 19th
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