bryan on Nostr: Yes, this is correct, but the block of transactions that every node verifies was ...
Yes, this is correct, but the block of transactions that every node verifies was proposed and added to the chain by a miner running a mining node.
And currently, over 75% of the blocks being added to the chain (proposed) are constructed by 4 nodes (pools, companies).
The miner will choose ~ 2500 out of the current > 200,000 transactions in the mempool to construct a valid block. The other 198,000 remain in the mempool.
There is the thought that miners will simply construct a block which generates the highest fees, but this has already been proven wrong.
And currently, over 75% of the blocks being added to the chain (proposed) are constructed by 4 nodes (pools, companies).
The miner will choose ~ 2500 out of the current > 200,000 transactions in the mempool to construct a valid block. The other 198,000 remain in the mempool.
There is the thought that miners will simply construct a block which generates the highest fees, but this has already been proven wrong.