Mempool Observer Topic - page 45. | Bitcointalksearch.org

NotATether

legendary

Activity: 1568

Merit: 6660

bitcoincleanup.com / bitmixlist.org

Quote from: nutildah on February 10, 2024, 01:13:22 AM

Perfect time for me to inscribe my custom MIDI ringtone collection and release it as an Ordinals series. $$$$ here we come

At the rate you're going you might as well just rip the entire iTunes Store and put it on the blockchain Wink

Would like me some Nine Inch Nails whenever I broadcast a transaction.

Seriously though:

WTF is going on?

Why are Ordinals platforms lowballing the fee rates all of a sudden?

franky1

legendary

Activity: 4270

Merit: 4534

it has become an interesting observation to see the type of transactions certain pools select
take
https://www.blockchain.com/explorer/blocks/btc/829767
which you can visualise the transaction selection using these charts

it ignored thousands of transactions waiting at 10sat/byte+ and selected majority the 9sat/b tx to fill the block which were moving very very very small value (creating UTXO of 330sats)

so although paying low 9sat/b the only reason to include thousands of them and ignore higher fee's if is those thousands of transactions were bribed into being selected via private deals

so whats the point of these 'bitcoin annoyance continuation pundits' aka idiots, still trying to proclaim we should not introduce a transaction priority formulae for bitcoin. where these other system idealists pretend people should (be penalised by the "fee market" war of) just pay more onchain if even the "just pay more onchain fee" is not even the way transactions are selected

nutildah

legendary

Activity: 3010

Merit: 8114

Perfect time for me to inscribe my custom MIDI ringtone collection and release it as an Ordinals series. $$$$ here we come

https://www.youtube.com/watch?v=e67_1AieWdM

FeeBuddy

copper member

Activity: 238

Merit: 20

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 25 sat/vB
halfHourFee: 23 sat/vB
hourFee: 22 sat/vB
economyFee: 14 sat/vB
minimumFee: 7 sat/vB

examplens

legendary

Activity: 3374

Merit: 3357

Crypto Swap Exchange

Quote from: FeeBuddy on February 09, 2024, 07:00:00 PM

fastestFee: 21 sat/vB
halfHourFee: 21 sat/vB
hourFee: 21 sat/vB
economyFee: 20 sat/vB
minimumFee: 10 sat/vB

Holly 21sat/vB
If nothing happens and this continues, in several hours it may reach the 16 sat/vB that @okorieemmanuel expects

FeeBuddy

copper member

Activity: 238

Merit: 20

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 21 sat/vB
halfHourFee: 21 sat/vB
hourFee: 21 sat/vB
economyFee: 20 sat/vB
minimumFee: 10 sat/vB

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: okorieemmanuel on February 09, 2024, 01:42:21 PM

No they don't show the same data.

This is the transaction on block chain.com explorer

https://www.blockchain.com/explorer/transactions/btc/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9

It shows unconfirmed transaction.

This is the same transaction on mempool.space

https://mempool.space/tx/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9

Here it says

Transaction not found.
Waiting for it to appear in the mempool...

There is no "the mempool"
Each node add some transactions. Your transaction is low fee and was not confirmed yet.

You should rebroadcast your transaction

You can try
https://www.blockchain.com/pt/explorer/assets/btc/broadcast-transaction
https://btc.network/broadcast

franky1

legendary

Activity: 4270

Merit: 4534

Quote from: okorieemmanuel on February 09, 2024, 01:42:21 PM

This is the transaction on block chain.com explorer
https://www.blockchain.com/explorer/transactions/btc/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9
It shows unconfirmed transaction.

And the fees were high on the day I sent the coins. If I had waited till today, I would have probably paid lower fees for higher bytes.

your fee's were not high in comparison to others. you did not pay priority

also looking at when it suggests it was "first seen" by blockchain.com ( a month ago)
id presume your TX got purged/dropped.. by most nodes mempools
(purge is removal for being part of the low paying cluster that takes up more room then nodes mempools wants to keep)
(dropped is when its been too long, usual default is 2 weeks)

try to broadcast it again. as different mempools may have purged or dropped your tx from their nodes and mining pools just dont see your transaction

EDIT
i just pushed it again for you 5 minutes ago when writing this message
if you need the HEX of raw tx of your tx to push

Code:

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

i just checked a explorer that didnt find your tx 10 minutes ago but now sees it
https://live.blockcypher.com/btc/tx/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9/

mempool.space now sees it
https://mempool.space/tx/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9

you are welcome

okorieemmanuel

jr. member

Activity: 269

Merit: 4

Quote from: bitmover on February 09, 2024, 01:00:19 PM

Quote from: okorieemmanuel on February 09, 2024, 12:46:53 PM

Quote from: examplens on February 09, 2024, 11:01:01 AM

Quote from: okorieemmanuel on February 09, 2024, 01:11:48 AM

I am surprised to see mempool.space here in bitcointalk . Anyway, welcome!

My question is : can you synchronise mempool.space to the blockchain.com Explorer?

Why do I have the feeling that you think this is the official thread of mempool.space and that you expect some explanations and acceptance of suggestions from the official representatives of mempool.space.
Certainly not. This is just a discussion thread about the mempool.space service opened by ordinary members of this forum. Apart from some explanations, don't have too high expectations

Oh!!! Thank you for the correction. I understand now.

I just needed help.

I don't understand your question.

Blockchain.com and mempool.space show the same data. They are both block explorers with different front end

No they don't show the same data.

This is the transaction on block chain.com explorer

https://www.blockchain.com/explorer/transactions/btc/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9

It shows unconfirmed transaction.

This is the same transaction on mempool.space

https://mempool.space/tx/42105820754888a816820be27bd8670b5789e82ffd9f88cb68446c1afe414fa9

Here it says

Transaction not found.
Waiting for it to appear in the mempool...

And the fees were high on the day I sent the coins. If I had waited till today, I would have probably paid lower fees for higher bytes.

franky1

legendary

Activity: 4270

Merit: 4534

i hope this is not just a discussion of mempool.space

i hope its a discussion of observations of anything related to things that affect different mempools of different services, nodes or things that affect the functionality, utility of any/all mempools of the network

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: okorieemmanuel on February 09, 2024, 12:46:53 PM

Quote from: examplens on February 09, 2024, 11:01:01 AM

Quote from: okorieemmanuel on February 09, 2024, 01:11:48 AM

I am surprised to see mempool.space here in bitcointalk . Anyway, welcome!

My question is : can you synchronise mempool.space to the blockchain.com Explorer?

Why do I have the feeling that you think this is the official thread of mempool.space and that you expect some explanations and acceptance of suggestions from the official representatives of mempool.space.
Certainly not. This is just a discussion thread about the mempool.space service opened by ordinary members of this forum. Apart from some explanations, don't have too high expectations

Oh!!! Thank you for the correction. I understand now.

I just needed help.

I don't understand your question.

Blockchain.com and mempool.space show the same data. They are both block explorers with different front end

FeeBuddy

copper member

Activity: 238

Merit: 20

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 30 sat/vB
halfHourFee: 27 sat/vB
hourFee: 24 sat/vB
economyFee: 20 sat/vB
minimumFee: 10 sat/vB

okorieemmanuel

jr. member

Activity: 269

Merit: 4

Quote from: examplens on February 09, 2024, 11:01:01 AM

Quote from: okorieemmanuel on February 09, 2024, 01:11:48 AM

I am surprised to see mempool.space here in bitcointalk . Anyway, welcome!

My question is : can you synchronise mempool.space to the blockchain.com Explorer?

Why do I have the feeling that you think this is the official thread of mempool.space and that you expect some explanations and acceptance of suggestions from the official representatives of mempool.space.
Certainly not. This is just a discussion thread about the mempool.space service opened by ordinary members of this forum. Apart from some explanations, don't have too high expectations

Oh!!! Thank you for the correction. I understand now.

I just needed help.

examplens

legendary

Activity: 3374

Merit: 3357

Crypto Swap Exchange

Quote from: okorieemmanuel on February 09, 2024, 01:11:48 AM

I am surprised to see mempool.space here in bitcointalk . Anyway, welcome!

My question is : can you synchronise mempool.space to the blockchain.com Explorer?

Why do I have the feeling that you think this is the official thread of mempool.space and that you expect some explanations and acceptance of suggestions from the official representatives of mempool.space.
Certainly not. This is just a discussion thread about the mempool.space service opened by ordinary members of this forum. Apart from some explanations, don't have too high expectations

bitmover

legendary

Activity: 2352

Merit: 6089

bitcoindata.science

Quote from: franky1 on February 09, 2024, 03:10:06 AM

Quote from: okorieemmanuel on February 09, 2024, 03:02:22 AM

Note the minimum fee here is 9sat/byte

that does not mean that blocks are grabbing all transactions 9sat up
it means SOME mining pools are selectively (pot luck lottery style) adding a couple random transactions outside the "highest fee first" policy just to seem reasonable.. the 9sat/b does not mean your 16sat/b has priority over say the 20sat/b ones nor means that your 16sat/b should come before the pot luck lottery of cheap fees outside the fastest first policy
you just have to be patient

The docs from mempool.space are imprecise.
https://mempool.space/docs/api/rest#get-recommended-fees

However, I believe that the minimum fee is the minimum fee rate you need to get into the standard 300mb mempool that most nodes use.

Below that fee, your transaction will not be propagated to other nodes.

FeeBuddy

copper member

Activity: 238

Merit: 20

bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0

fastestFee: 27 sat/vB
halfHourFee: 24 sat/vB
hourFee: 23 sat/vB
economyFee: 22 sat/vB
minimumFee: 11 sat/vB

franky1

legendary

Activity: 4270

Merit: 4534

Quote from: okorieemmanuel on February 09, 2024, 05:09:39 AM

From this above statement, then I can boldly say that mempool.space is NOT PROBABLY FAIR.

This is my opinion anyway, I will drop this case and allow other bitcointalk users to make their own contribution here.

Thank you

the website has no relevance to network performance. its just a stat website with limited scope of the available data to see
its not a fairness thing.. its just a crappy display site for certain details.
there are many other websites, explorers and stat sites. hope you find one you can enjoy

okorieemmanuel

jr. member

Activity: 269

Merit: 4

Quote from: franky1 on February 09, 2024, 04:22:16 AM

Quote from: okorieemmanuel on February 09, 2024, 04:04:15 AM

Ok.

Then it should DETECT THE TRANSACTION AT LEAST.I am aware of priorities. Higher preference would be given to higher bytes fees but at least DETECT IT. Mempool says transaction not found. It is one thing to detect a transaction and it is another thing to process such transaction. This is an unfair treatment given to me and I believe it should be addressed properly

there is no centralised mempool that mining pools use
each fullnode sets its own default mempool limit. some purge more the 300mb some less, some more

mempool.space's node has a lower storage amount
this does not mean that your transaction is forgot by the entire network. just not seen by one websites node

dont be upset that one website doesnt see your transaction.. mempool.space is not a network feature mining pools grab transactions from.. its jsut a website of a name of something but does not signify by namesake that its what the network uses as anything central to te network

for instance blockchain.com is not the central storage of the network blockchain. its just a website with a name. the name does not mean its the central repository of everyones blockdata people grab data from.. its just once instance showing its own nodes display..

by seeing that mining pools do randomly select (lottery) cheaper transactions proves that mining pools do see cheaper transactions IN THEIR mempools of THEIR nodes. but you are just part of the lottery of the ~120 of 17k tx basket of your fee range yet to be selected at random..

From this above statement, then I can boldly say that mempool.space is NOT PROBABLY FAIR.

This is my opinion anyway, I will drop this case and allow other bitcointalk users to make their own contribution here.

Thank you

franky1

legendary

Activity: 4270

Merit: 4534

Quote from: okorieemmanuel on February 09, 2024, 04:04:15 AM

Ok.

Then it should DETECT THE TRANSACTION AT LEAST.I am aware of priorities. Higher preference would be given to higher bytes fees but at least DETECT IT. Mempool says transaction not found. It is one thing to detect a transaction and it is another thing to process such transaction. This is an unfair treatment given to me and I believe it should be addressed properly

there is no centralised mempool that mining pools use
each fullnode sets its own default mempool limit. some purge more the 300mb some less, some more

mempool.space's node has a lower storage amount
this does not mean that your transaction is forgot by the entire network. just not seen by one websites node

dont be upset that one website doesnt see your transaction.. mempool.space is not a network feature mining pools grab transactions from.. its jsut a website of a name of something but does not signify by namesake that its what the network uses as anything central to te network

for instance blockchain.com is not the central storage of the network blockchain. its just a website with a name. the name does not mean its the central repository of everyones blockdata people grab data from.. its just once instance showing its own nodes display..

by seeing that mining pools do randomly select (lottery) cheaper transactions proves that mining pools do see cheaper transactions IN THEIR mempools of THEIR nodes. but you are just part of the lottery of the ~120 of 17k tx basket of your fee range yet to be selected at random..

okorieemmanuel

jr. member

Activity: 269

Merit: 4

Quote from: franky1 on February 09, 2024, 03:10:06 AM

Quote from: okorieemmanuel on February 09, 2024, 03:02:22 AM

Note the minimum fee here is 9sat/byte

that does not mean that blocks are grabbing all transactions 9sat up
it means SOME mining pools are selectively (pot luck lottery style) adding a couple random transactions outside the "highest fee first" policy just to seem reasonable.. the 9sat/b does not mean your 16sat/b has priority over say the 20sat/b ones nor means that your 16sat/b should come before the pot luck lottery of cheap fees outside the fastest first policy
you just have to be patient

yes its annoying, yes bitcoin is made using code. yes code can codify rules of acceptance to be more fair, yes transactions can be analysed into a formulae where coin-age and "first seen" can produce a priority order... but many people that want bitcoin to be annoying to promote offchain systems as solutions to the annoyances, dont want the annoyances fixed

using
https://jochen-hoenicke.de/queue/#BTC,2h,count

there is about 17,000 transactions waiting paying 14-17sat/b
so you are in a waiting list with 17k other transactions of about your fee rate

looking at latest block(fee range chart, highlighting transaction in the 15-16sat/b basket range)
https://www.blockchain.com/explorer/blocks/btc/829631

out of 1038 transactions in that block that miningpool only randomly selected 118 transactions from the basket of transactions 15-16sat/b
meaning only ~9% of a block selector chooses the lottery of your range. but your range has 17k other competitors

so math suggest if only ~120tx of your range are selected per block you have a 120 of 17k chance of being in next block(0.7%)

Ok.

Then it should DETECT THE TRANSACTION AT LEAST.I am aware of priorities. Higher preference would be given to higher bytes fees but at least DETECT IT. Mempool says transaction not found. It is one thing to detect a transaction and it is another thing to process such transaction. This is an unfair treatment given to me and I believe it should be addressed properly

Topic: Mempool Observer Topic - page 45. (Read 16582 times)