flywithu/Learning-Bitcoin-from-the-Command-Line
1
1
Fork 0
mirror of https://github.com/ChristopherA/Learning-Bitcoin-from-the-Command-Line.git synced 2025-06-07 16:06:26 +00:00
Code Issues Releases Wiki Activity

Update 05_1_Watching_for_Stuck_Transactions.md

Browse Source
This commit is contained in:
Shannon Appelcline 2020-01-17 09:56:50 -10:00 committed by GitHub
parent cc0828b9ef
commit 5b1c5b32f9
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 1 additions and 1 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

2
05_1_Watching_for_Stuck_Transactions.md
View File

@ -38,7 +38,7 @@ $ bitcoin-cli -named gettransaction txid=0f618e38efe887028a5dd04d0e12241431978b
``` ```
A transaction can be considered stuck if it stays in this state for an extended amount of time. Not too many years ago, you could be sure that every transaction would go out _eventually_. But, that's no longer the case due to the increased usage of Bitcoin. Now, if a transaction is stuck too long, it will drop out of the mempool and then be lost from the Bitcoin network. A transaction can be considered stuck if it stays in this state for an extended amount of time. Not too many years ago, you could be sure that every transaction would go out _eventually_. But, that's no longer the case due to the increased usage of Bitcoin. Now, if a transaction is stuck too long, it will drop out of the mempool and then be lost from the Bitcoin network.
_What is mempool?_ Mempool (or Memory Pool) is a pool of all unconfirmed transactions of a bitcoin node. Unconfirmed are the transactions a node has received from the p2p network which are not yet included in a block. Each bitcoin node can have a slightly different set of transactions in its mempool: different transactions might have propogated to a specific node. This depends on when the node was last started and also its limits on how much it's willing to store. When a miner makes a block, he uses transactions from his mempool. Then, when a block is verified, all the miners remove the transactions it contains from their pools. As of Bitcoin 0.12, unconfirmed transactions can also expire from mempools if they're old enough: typically, 72 hours and as of version 0.14.0 eviction time was increased to 2 weeks. Mining pools might have their own mempool-management mechanisms. _What is mempool?_ Mempool (or Memory Pool) is a pool of all unconfirmed transactions at a bitcoin node. These are the transactions that a node has received from the p2p network which are not yet included in a block. Each bitcoin node can have a slightly different set of transactions in its mempool: different transactions might have propogated to a specific node. This depends on when the node was last started and also its limits on how much it's willing to store. When a miner makes a block, he uses transactions from his mempool. Then, when a block is verified, all the miners remove the transactions it contains from their pools. As of Bitcoin 0.12, unconfirmed transactions can also expire from mempools if they're old enough, typically, 72 hours, and as of version 0.14.0 eviction time was increased to 2 weeks. Mining pools might have their own mempool-management mechanisms.
This list of all [unconfirmed transactions](https://blockchain.info/unconfirmed-transactions) might not match any individual machine's mempool, but it should (mostly) be a superset of them. This list of all [unconfirmed transactions](https://blockchain.info/unconfirmed-transactions) might not match any individual machine's mempool, but it should (mostly) be a superset of them.