Mempool Observer Topic

[FeeBuddy]

     

• fastestFee: 4 sat/vB
• halfHourFee: 4 sat/vB
• hourFee: 4 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 3 sat/vB
• halfHourFee: 3 sat/vB
• hourFee: 3 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 2 sat/vB
• halfHourFee: 2 sat/vB
• hourFee: 2 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 2 sat/vB
• halfHourFee: 2 sat/vB
• hourFee: 2 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 3 sat/vB
• halfHourFee: 3 sat/vB
• hourFee: 3 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 4 sat/vB
• halfHourFee: 4 sat/vB
• hourFee: 3 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 3 sat/vB
• halfHourFee: 3 sat/vB
• hourFee: 3 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 5 sat/vB
• halfHourFee: 4 sat/vB
• hourFee: 3 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 4 sat/vB
• halfHourFee: 3 sat/vB
• hourFee: 3 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[liamlarsson]

dont point fingers at miners.

I'm not pointing any fingers toward miners, in fact I believe that they deserve to have some extra fees sometimes as a reward for their contribution to the Bitcoin network. The high fees aren't caused by miners, those are caused by the ordinals.

I'm not against the miners nor I'm against the developers as they're also trying to fix the issues. it's an issue in the network that we all are facing and we all should work as a community to solve the issue. I hope that the developers will soon find a solution for the issue.

Yeah 100% bro — no one’s hating on miners, they’re just doing their thing and if they get a bit extra here and there, fair enough 💡💰
It’s the ordinals that messed stuff up tbh, but pointing fingers ain’t solving anything.
Devs aren’t the bad guys either, they’re trying to sort it out.
We’re all stuck in the same boat, better to paddle together than swing sticks at each other 😂
Hopefully a proper fix drops soon, fingers crossed 🤞

[FeeBuddy]

     

• fastestFee: 3 sat/vB
• halfHourFee: 3 sat/vB
• hourFee: 3 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 2 sat/vB
• halfHourFee: 2 sat/vB
• hourFee: 2 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 2 sat/vB
• halfHourFee: 2 sat/vB
• hourFee: 2 sat/vB
• economyFee: 2 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 2 sat/vB
• halfHourFee: 2 sat/vB
• hourFee: 1 sat/vB
• economyFee: 1 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 2 sat/vB
• halfHourFee: 2 sat/vB
• hourFee: 1 sat/vB
• economyFee: 1 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 1 sat/vB
• halfHourFee: 1 sat/vB
• hourFee: 1 sat/vB
• economyFee: 1 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 1 sat/vB
• halfHourFee: 1 sat/vB
• hourFee: 1 sat/vB
• economyFee: 1 sat/vB
• minimumFee: 1 sat/vB

[Wind_FURY]

But it's an open system and a permissionless ledger, WHO ARE WE to say what/how it's actually intended to be used? Because if for you, there's truly a "how it should be used", then it's probably better to use a centralized, permissioned system to use exclusively for payments, no?

There are millions of people using bitcoin daily for financial transactions for 16 years.

And you are saying a group of a few hundreds can just say "who are you to tell me how to use it"? And those same few hundreds just prevent the million to use it like they always did. And you are calling those millions "censorship??

This is exactly the opposite of what you are saying.

A few hundreds are censoring millions saying they cant use for transactions  , just to store monkey jpegs

Ser, did you actually consider how the network fundamentally works before you made that post?

 - It's an open system
 - It's censorship-resistant
 - It's permissionless

Plus there's a FEE MARKET, but you claim that people can't use Bitcoin the way they want to use it even if they paid the fee?

OK, you may have an opinion on how Bitcoin should be used, but opinions can't actually enforce for it to matter. Especially not if the blocks look like this,

But it's an open system and a permissionless ledger, WHO ARE WE to say what/how it's actually intended to be used? Because if for you, there's truly a "how it should be used", then it's probably better to use a centralized, permissioned system to use exclusively for payments, no?

What can we actually do if the transactions that "are not supposed to happen" are happening in a censorship-resistant ledger? Do you propose censorship?

Bitcoin Whitepaper says this: A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Bitcoin isn't as permissionless as you say because Bitcoin has some anti-spam filters, you can't get transaction below 1 sat/vByte confirmed while in the past you could.

Ser, the network runs on incetivization. It doesn't run on "because the white-paper".

[FeeBuddy]

     

• fastestFee: 1 sat/vB
• halfHourFee: 1 sat/vB
• hourFee: 1 sat/vB
• economyFee: 1 sat/vB
• minimumFee: 1 sat/vB

[FeeBuddy]

     

• fastestFee: 2 sat/vB
• halfHourFee: 1 sat/vB
• hourFee: 1 sat/vB
• economyFee: 1 sat/vB
• minimumFee: 1 sat/vB