Derek Ross on Nostr: Think of the Bitcoin mempool as a collection of transactions waiting to be processed. ...
Think of the Bitcoin mempool as a collection of transactions waiting to be processed. For the past couple of years there have been a lot of transactions in wait. 100,000-300,000 at the busiest times Right now, the wait is minimal with not a lot of backlog.
A lot of Bitcoin usage now takes place with Lightning, a layer built upon Bitcoin. Like Zaps. This frees up the main layer.
What does it mean? Eh. Not much. It's just not too busy right now. People are using Lightning and not transacting on the main layer.
Published at
2025-02-04 17:35:54Event JSON
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"content": "Think of the Bitcoin mempool as a collection of transactions waiting to be processed. For the past couple of years there have been a lot of transactions in wait. 100,000-300,000 at the busiest times Right now, the wait is minimal with not a lot of backlog. \n\nA lot of Bitcoin usage now takes place with Lightning, a layer built upon Bitcoin. Like Zaps. This frees up the main layer.\n\nWhat does it mean? Eh. Not much. It's just not too busy right now. People are using Lightning and not transacting on the main layer.",
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