Bitcoin Magazine
The Bitcoin Mempool: Relay Network Dynamics
In the last Mempool article, I went over the different kinds of relay policy filters, why they exist, and the incentives that ultimately decide how effective each class of filter is at preventing the confirmation of different classes of transactions. In this piece I’ll be looking at the dynamics of the relay network when some nodes on the network are running different relay policies compared to other nodes.
All else being equal, when nodes on the network are running homogenous relay policies in their mempools, all transactions should propagate across the entire network given that they pay the minimum feerate necessary not to be evicted from a node’s mempool during times of large transaction backlogs. This changes when different nodes on the network are running heterogenous policies.
The Bitcoin relay network operates on a best effort basis, using what is called a flood-fill architecture. This means that
We współpracy z: https://bitcoinmagazine.com/technical/the-bitcoin-mempool-relay-network-dynamics
