What is mempol and how do I know the transactions with a high block exploler

in #tutorial7 years ago (edited)

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For users of the Bitcoin long, certainly never experienced the the pending transactions take longer. This is caused by many things. But certainly very dependent with mining conditions at that time.

What is mempool.

Mempool is a special pool to accommodate transactions pending after all transactions in the broadcast into a network of Bitcoin. So if we experience a goodly long pending transactions, we can try to see the mempool conditions at that time or not.

How do you do.

The trick is to look at the block exploler, or could see it blocked exploler Kaiko. So to read it, simply by looking up how much the size of the mempul at the time. The higher the mempool size, then that means more and more also deals pending in mempool.

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Related to the pending transactions take a long time, this only mempool quantity one factor alone among many other things.

For example how many barapa the mining pool also mine the block blank. The intent here is not to say the new empty block completely, but only contains little transactions only.

If a lot of blank tertambang block at a time, of course the transaction pending mempool not residing in reduced. Pool mining hollowed mine trend also exists. They hope after finding a new block, the block header hashing, then start again the next time the block pool find mining others are downloading Coinbase transactions on the block.

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This is from some number of hollowed declining mined after version bitcoin core 0.12 is released.

During this time, many of the assumptions that may we often hear in Bitcoin Indonesia, that the transaction is pending because the value of the transaction fee that is too small. But that's not necessarily true. The mining conditions realtime during a decisive and be the main factor.

Fee transactions, started from the desire of the provider of the wallet and the exchanger who want to give more services to customernya. They include the magnitude of the transaction fee based on the size of their own specified in any transactions. But there is also quantity the cost of this fee can be determined by the user himself.

The reality in the field, it does not really specify it as the main cause. Because there is also a transaction that is processed more quickly than with deals that include high transaction fee. From this exposure, we can at least see for yourself how the mining situation and condition of the moment, by looking at the pending transaction size high located in mempool.