Thread - Nostr Hypermedia

Libertas Primordium libertas-primordium@nostrcheck.me 1 week ago

Monero is averaging 30k transactions per day right now but blocks are random on a two minute average and it's not uncommon for a block to be mined immediately after another before any transactions are included in it. Monero has no transaction backlog right now. It can accommodate a pretty high transaction throughput so it has room to grow, and is showing growth.

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Replies (2)

YODL yodl@nostr.land 1 week ago

Good info, didn't know what kind of volume it did. And yeah, empty blocks happen often enough, due to how miners optimize searching, sometimes immediately after previous block, at which time they don't yet include txns and are content to trade off speed with fees. If I understand correctly

Libertas Primordium libertas-primordium@nostrcheck.me 1 week ago

If you run a miner you can watch the pending transactions coming in. Because there is no backlog the entire mempool gets included in the next block, so the mempool is then empty for a couple seconds as new transactions begin to trickle in.