Bitcoin fee estimation can be very tricky. Someone paid 34,146 sat/vB for a transaction - $1,222 ?!?!?

The Mempool Open Source Project®

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

Why would anyone overpay by so much. I took a deeper dive and discovered it was a CPFP transaction pulling a 2.8sat/vB transaction along. So effectively they paid 52.8 sat/vB, which is about right for the fee at the time. What's CPFP? It's child pays for parent - a fee bumping technique that allows you to add extra sats to a fee for a transaction (child) that depends upon the original transaction (parent) and thereby get transactions in a block sooner. Miners look for combinations of transactions where even if a given transaction has a low fee, by including it and higher fee transactions that depend on the 'parent' low fee transaction they can earn more total fees. So much to learn about Bitcoin!!! #bitcoin #bitcoinfees #mempool #cpfp #rbf

In addition to running my private #nostrrelay on my #start9 server, I'm now also running #iris.to there as well. Now I am self hosting the web site I use for my nostr client. Thanks to the #[0] team for making it so easy to do this. This event is being sent to nostr relays from my selfhosted iris. I think it's pretty cool, but I'm not sure how much benefit it really gets me in terms of privacy, self sovereignty, etc. Please chime in and tell me what you think!! #privacy #selfhost #personalserver #grownostr

Big news for libertarian science fiction fans! The 2022 Prometheus Best Novel finalist "Klara and the Sun", by Nobel-prize-winning author Kazuo Ishiguro is currently being considered for a movie adaptation with Oscar-winning film director Taika Waititi. Read more about it on the Libertarian Futurist Society blog.

Prometheus Blog

A 2022 Prometheus Best Novel finalist heads to the silver screen

Prometheus Award winners or finalists don’t make it to the screen that often, so it’s promising news when another is reported to be on its way....

#grownostr #scifi #liberty #books #movies

Big news for libertarian science fiction fans! The 2022 Prometheus Best Novel finalist "Klara and the Sun", by Nobel-prize-winning author Kazuo Ishiguro is currently being considered for a movie adaptation with Oscar-winning film director Taika Waititi. Read more about it on the Libertarian Futurist Society blog.

Prometheus Blog

A 2022 Prometheus Best Novel finalist heads to the silver screen

Prometheus Award winners or finalists don’t make it to the screen that often, so it’s promising news when another is reported to be on its way....

#grownostr #scifi #liberty #books #movies

@nossence #subscribe

Start9

Start9's Community Tech Program: Now "Hiring"

Motivation Taking responsibility for one’s own digital infrastructure can be daunting. Without the help of another human who cares, many will ne...

Start9 @Start9 is looking to provide their exceptional education and support services to the next wave of sovereign individuals. In classic Start9 fashion they are taking the time to do it right. If you've been using Start9 and want to help others this is a great way to get paid to do so. If you haven't been using Start9 yet, why not? I've been using Start9 servers for over a year now and have consistently been impressed with how focused they are on their mission of supporting people to be self-sovereign. After all, there is no cloud, just someone else's server. There is no better time than now to run your own server and Start9 makes it easy. #start9 #hiring #startos #cloud #grownostr

Do you love liberty...? ..and science fiction? If so, then join the Libertarian Futurist Society and vote in the Prometheus Awards! https://www.lfs.org/LFS_flyer.pdf #grownostr #scifi #liberty #books

Happy Mother's day to all. My wife and I had a great afternoon at https://wanderlustbeergarden.com/ Maybe not a traditional Mother's day locale, but it was very relaxing. Great fun, great environment. Maybe the start of a new tradition... #grownostr #beergarden #forkspa #mothersday

What would the internet be without cat pictures. Here’s mine lazing by the window…

I hate scammers. Got this in email today. Obvious to me this was a scammer, but I hate the thought of #bitcoin #newbies being taken advantage of. Be on your guard, and help the folks you are onboarding to be very careful... Avoid the #scam and #grownostr !!!!

Just renewed my Professional Ski Instructors of America membership for 2023-2024 season. Hoping there are at least a couple more skiers / snowboarders on nostr!!!! #grownostr #alpine #skiing #skipro

Running my private #nostrrelay on my #start9 server. It's very cool that I can see my connection from snort.social posting my DM (event kind 4) to my very own relay. With that and my other posts (including this one) archived on my own relay I am #uncensorable !!!! Is it time to consider "Not your relay not your posts"? I am still very early in my nostr journey - perhaps we all are. There is so much more for me to learn. #grownostr #relay #startos