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131 sats \ 0 replies \ @endothermicdev 9 Apr \ on: BTC Core Maintainer G Zhao Why Mempools Are Important For Censorship Resistance bitcoin
Mempools are brilliant for censorship resistance. They're also critical to:
- Miner decentralization - keeping transactions in a publicly available mempools makes it easier for smaller miners/pools to participate.
- Layer two contracts, i.e. lightning nodes need accurate feerate estimation in order to broadcast reliable, time sensitive transactions.
- Protocol reliability. The alternative, centralizing around a singular block template creator creates fragility in the network.
IMO, mempools are highly underappreciated for all the benefits they bring.