Post
Topic
Board Bitcoin Discussion
Re: Mempool if full, but what does that actually mean?
by
jrrsparkles
on 16/11/2022, 16:42:11 UTC

What does it mean for the mempool to be "full"?

If Mempool would full then if would be


Then the nodes start prioritizing transactions by setting up a minimal transaction fees. It cancel lower/Zero fees transaction and allows higher fees transaction according to the sequence.

Actually it acts with a systematic way RBF (Replace By Fee) . If one transaction failed then it would automatically chose a transaction with higher fees  than it.
Is the possible reason for transferring funds to Trustwallet as the hype is because of binance?
Or any related to the FTX issues.
Mempool space becomes congested when there are a lot of transactions and this is perhaps the result of cex exchange awareness of people not to store a big amount --they become panicked and transfer their fund.

Its actually due to the Binance consolidation of their hot wallets and its also a speculation about the CZ is trying to manipulate the mempool while also reap profits with the withdrawal fee in the Binance trading platform.

Also people are withdrawing their funds from exchange, which might adds up the a little bit traffic not this much congested.