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0 sats \ 0 replies \ @028559d218 OP 3h \ parent \ on: Maybe Core is Captured? What is the difference between 'data' and 1s & 0s? bitcoin
Accurate fee estimation is incredibly important across mempools. "Fragmenting the mempool" as it's called is incredibly bad and should be avoided.
Ya sure you can always look at mempool.space or whatever to do your fee estimation for a transaction... but that's exactly the point. Mempool.space shows everything it holds back nothing and if your own mempool isn't showing you the transactions you're competing with... this damages the network.
In general but especially when it comes to things like Lightning. Being able to open Lightning channels and know what the fees are in a timely manner is extremely healthy for Bitcoin.
As far as removing the slider in future versions of core... I agree with you.
However, from a design perspective it may be better that users just run their node at default settings and then actually go and use it. Using the node is the key thing...
A knots node rarely used does way less good for the network, than a "stock settings" node that's heavily used to broadcast and relay transactions. With accurate fee estimation.
Just playing the devil's advocate