Chaincode Decoded: Mempool - Episode 12
The Chaincode Podcast
00:00
Managing Transaction Fees and the State of the Mempool
The chapter discusses how exchanges manage transaction fees when processing withdrawals and the current state of the mempool. It explores the impact of high fee rates on exchanges' ability to process consolidation transactions and speculates on the time it may take for the mempool to empty. The relationship between high fees, revenue for miners, and the need for a high fee environment in the Bitcoin system is also examined.
Transcript
Play full episode
