Re: [bitcoin-dev] death to the mempool, long live the mempool

2021-10-27 Thread ZmnSCPxj via bitcoin-dev
Good morning Gloria, et al, > > Removing the mempool would... naturally resolve all current issues inherent > > in package relay and rbf rules. > > Removing the mempool does not help with this. How does a miner decide whether > a conflicting transaction is an economically-advantageous replaceme

Re: [bitcoin-dev] death to the mempool, long live the mempool

2021-10-27 Thread Peter Todd via bitcoin-dev
On Tue, Oct 26, 2021 at 07:44:45PM -0400, Antoine Riard via bitcoin-dev wrote: > Such a list of endpoints couldn't be static otherwise it's an artificial > barrier to enter in the mining competition, and as such a centralization > vector. Dynamic, trust-minimized discovery of the mining endpoints a

Re: [bitcoin-dev] death to the mempool, long live the mempool

2021-10-27 Thread LORD HIS EXCELLENCY JAMES HRMH via bitcoin-dev
Good Afternoon, No. This has been discussed previously and eliminated as there is no proof that the transaction can exist without population through the mempool. As a method of payment not hearing about a transaction until it is possibly mined three months later as I have experienced is non-fun

Re: [bitcoin-dev] death to the mempool, long live the mempool

2021-10-27 Thread Antoine Riard via bitcoin-dev
Hi Lisa, Network mempools constitute a blockspace marketplace where block demand meets the offer in real-time. Block producers are acting to discover the best feerate bids compensating for their operational costs and transaction proposers are acting to offer the best feerate in function of their c