fred on Nostr: I thought that most of the mempool is clogged up with low-fee ...
I thought that most of the mempool is clogged up with low-fee ordinals/inscriptions/BRC-20 token degen gambling speculators. That’s crowding people who actually want to use the network out of a low fee environment into a high fee environment. If OCEAN enforces a filter against that, the number of their low fee transactions sitting in the mempool will increase. Some might get frustrated and just stop, but those that remain will have to pay a higher fee for the non-Ocean pool to take their transaction. The higher fee environment may further erode speculation. StratumV2 isn’t going to help them unless they up their fees. Unless I’m wrong.
Published at
2023-12-03 19:28:25Event JSON
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"content": "I thought that most of the mempool is clogged up with low-fee ordinals/inscriptions/BRC-20 token degen gambling speculators. That’s crowding people who actually want to use the network out of a low fee environment into a high fee environment. If OCEAN enforces a filter against that, the number of their low fee transactions sitting in the mempool will increase. Some might get frustrated and just stop, but those that remain will have to pay a higher fee for the non-Ocean pool to take their transaction. The higher fee environment may further erode speculation. StratumV2 isn’t going to help them unless they up their fees. Unless I’m wrong.",
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