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Peter Todd 2y ago

Really unusual situation right now: the minrelayfeen of most mempools is very close to a typical next block transaction fee, due to a huge amount of txs at the same fee.

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0x 2y ago

High tide

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ndr 2y ago

Could it be that the screenshot it is taken as soon as the new block start to being mined? fee should raise up as mutch as block is near to get mined

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6bc8867d... 2y ago

Do you think the behavior of mempool.space's mempool is aligned with the programmed incentives of the bitcoin network, or is it still evolving as new participants learn?

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Kc 2y ago

But "empty" is something else

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Alex 2y ago

We had fun encountering this particular fee environment scenario in Core Lightning for the first time. The minimum acceptable feerate could end up the same as the proposed feerate (typically they are relatively far apart.) Then if one node increased by a single sat it would disable the channel and force a disconnect due to feerate disagreement. We now ensure a minimum offset (by the feerate proposer) to account for the next_block_feerate == min_relay_feerate situation.

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Zorin 2y ago

Why would that surprise you? isn't that expected? can you elaborate more.