2min chapter

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#006 Sean O’Connor: How Blockchains Make Transactions Costless, and How that Transforms Society

Smart Friends

CHAPTER

What Is the Hell of Mempool?

It's important, if you're a ik a power user, to understand mempols. Because in the moments when you create a transaction, until it gets confirmed on chain, that is the domain of mempol. Just like you don't need to know what s m t p protocol is to send any mail. It just works. And when you know, you pay out the nose for gas, that's because of competition in the mempul to get on chain. So it impacts everyone, but it's not fundamental that everyone knows how to use a mempol.

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