
CD101: Mempools and Transaction Fees with the Mempool Space Team - Wiz, Simon, and Steve
Citadel Dispatch
00:00
The Importance of Having a Mempool
The term transaction fee is actually a little bit confusing I feel. It's more like a bid for space in the Bitcoin blockchain. So when Matt says if you're just an individual pleb at home running your own Mempool it's irrelevant. The most economically relevant Mempools are the ones operated by the Mindpool operators or any exchanges or wallets. And so if an entire exchange is using a single node then that node is very economically relevant.
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