In crypto, what costs the most is rarely transaction fees—it’s the tuition you pay for not understanding the rules.
Today’s topic: the mempool
After a transaction is broadcast, it first enters the transaction pool (mempool) of various nodes, where it waits to be selected by a miner or block producer and included in a block.
If a transaction gets stuck, don’t rush to send another transfer. You can first consider Replace-by-Fee (RBF) or Child Pays for Parent (CPFP).
$BTC Transaction fees are generally quoted in satoshis per virtual byte (sat/vB). The higher the fee rate, the sooner miners are likely to select the transaction.
#BTC
DYOR, and participate responsibly.
Today’s topic: the mempool
After a transaction is broadcast, it first enters the transaction pool (mempool) of various nodes, where it waits to be selected by a miner or block producer and included in a block.
If a transaction gets stuck, don’t rush to send another transfer. You can first consider Replace-by-Fee (RBF) or Child Pays for Parent (CPFP).
$BTC Transaction fees are generally quoted in satoshis per virtual byte (sat/vB). The higher the fee rate, the sooner miners are likely to select the transaction.
#BTC
DYOR, and participate responsibly.