Question: After a transaction is broadcast but before it’s added to the blockchain, where does it wait?
My answer: There isn’t a single, unified transaction pool across the network. Each node maintains its own pool according to its own rules, so the transactions in each pool may differ. Transactions in the pool are public across the network, which is what allows MEV bots to get ahead of others and trade first.
$BTC 76968.04（-0.24%）
What topic would you like to learn about? Let us know in the comments.
My answer: There isn’t a single, unified transaction pool across the network. Each node maintains its own pool according to its own rules, so the transactions in each pool may differ. Transactions in the pool are public across the network, which is what allows MEV bots to get ahead of others and trade first.
$BTC 76968.04（-0.24%）
What topic would you like to learn about? Let us know in the comments.