CD101: Mempools and Transaction Fees with the Mempool Space Team - Wiz, Simon, and Steve
support dispatch: https://citadeldispatch.com/donate EPISODE: 101 BLOCK: 789547 PRICE: 3733 sats per dollar TOPICS: Mempools, Transaction Fees, Scaling in Layers, Mining Pools, Block Size Limit, Incentives
Read More: High Fees? Bitcoin is Working As Designed (https://www.discreetlog.com/high-fees/) + Bitcoin Transaction Fees and UTXO Management (https://www.discreetlog.com/utxos/)
Wiz on Twitter: (https://twitter.com/bitcoinbrains) (https://twitter.com/raypaxful)https://twitter.com/wiz (https://twitter.com/wiz) Simon on Twitter: (https://twitter.com/raypaxful)https://twitter.com/softsimon _(https://twitter.com/softsimon_) Steve on Twitter: https://twitter.com/hunicus (https://twitter.com/hunicus)
nostr live chat: https://citadeldispatch.com/stream (https://citadeldispatch.com/stream) nostr account: https://primal.net/odell (https://primal.net/odell) youtube: https://www.youtube.com/@citadeldispatch (https://www.youtube.com/@citadeldispatch) podcast: https://www.podpage.com/citadeldispatch (https://www.podpage.com/citadeldispatch) stream sats to the show: https://www.fountain.fm/ (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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