CD101: Mempools and Transaction Fees with the Mempool Space Team - Wiz, Simon, and Steve

support dispatch: https://citadeldispatch.com/donate  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 101BLOCK: 789547PRICE: 3733 sats per dollar TOPICS: Mempools, Transaction Fees, Scaling in Layers, Mining Pools, Block Size Limit, IncentivesRead More: High Fees? Bitcoin is Working As Designed + Bitcoin Transaction Fees and UTXO ManagementWiz on Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/wizSimon on Twitter: ⁠⁠⁠⁠⁠⁠https://twitter.com/softsimon_Steve on Twitter: https://twitter.com/hunicusnostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nostr account: ⁠https://primal.net/odell⁠youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/(00:23:29) Pain points and improvements in the high fee market(00:35:56) Transactions being purged from mempools(00:41:19) Importance of wallets with RBF and CPFP features(00:41:39) RBF (Replace-By-Fee) feature(00:42:19) Limits and use cases of RBF and CPFP(00:46:06) Efficiency of RBF in high fee markets(01:18:39) Comparison between Bitcoin, Lightning, and Liquid(01:19:30) The potential of Fedimint and its advantages(01:26:11) Discussion on the reasons for stale blocks(01:33:07) The possibility of mempools never clearing again(01:37:08) The rise of out-of-band transactions and its implications(01:43:56) Announcement of a big event on May 19th