23 sats \ 1 reply \ @Murch 12 May 2023 \ parent \ on: Smoothing out the Mempool bitcoin
I don’t think a queue is a good metaphor for the mempool. Transactions are bidding on a scarce resource, blockspace. Naturally, miners are selling to the highest bidder. While miners can certainly decide to occasionally give away the scarce resource they produce, it’s neither practical to rely on that, nor incentive compatible.
BTW, “Dust” is a term to refer to low-value transaction outputs.
You are right. I'm bitching about this because someone made a transaction on my behalf, even you check it has several layers of CFPP but then they just abandoned it. I can't do anything whatsoever to persuade a miner to include the transaction except a transaction accelerator which costs more than the whole transaction is worth by several factors.
This is why I'm never using phoenix or acinq stuff for anything valuable ever again. They have left me in limbo by not finishing the job and getting that transaction through before it has aged a week, which is today. No matter what. Phoenix wallet has confiscated nearly 10% of my income over a piddling few dollars of fees that nobody at acinq can be bothered to manually check and clear.
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