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The Sat Standard - Feb 18 2023

The Sat Standard - Feb 18 2023

Feb 18, 2023
The Sat Standard

The Sat Standard - Feb 18 2023


Thought of the week from Marty Bent:‌‌‌
Lean into the change.

Thought of the week from ODELL:
When demand is high and bitcoin blocks are full, highest fee transactions are confirmed first. Pending transactions sit in node mempools awaiting confirmation: can conceptualize mempools as a line to enter a restaurant sorted by who is willing to pay the most.

Learn more about bitcoin transaction fees.


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MARTY'S BENT

  • Monday - Issue #1317: NFC is allowing for more robust security models
  • Tuesday - Issue #1318: Fedipools as a potential solution to centralization risk
  • Wednesday - Issue #1319: Reminder: there are no reserve requirements in the banking system
  • Thursday -
  • Friday - Issue #1320: It will all accelerate

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