i cant believe some people still don't understand this: the fact that we can ASSUME that a bitcoin miner is completely income motivated makes analyzing mempool dynamics relatively straight-forward

CPFP, LN-anchors, RBF-pinnings, timelocks, reorgs, it ALL depends on the sat/vbyte and nothing else

if we could not rely on the assumption that a miner is ONLY optimizing for sat/vbyte any protocol that isn't a simple payment is fundamentally broken

if you killed the mempool you killed bitcoin for anything that isn't a simple non-time sensitive payment

Reply to this note

Please Login to reply.

Discussion

No replies yet.