"Mempools are the centerpiece of the entire Bitcoin economy. And they are totally underrated." - Zane Pocock
Today we dig into a unique mental framework of the Bitcoin mempool and how to understand its significance and the fascinating role it plays in the global bidding war for Bitcoin block space. A work by first time author Zane Pocock at MempoolReview.com, Guy reads "Bitcoin's Town Square" & expands on exactly how he views the open information market working tirelessly to find the right price for a Bitcoin confirmation.
The original article with numerous other great links in the read:
https://www.mempoolreview.com/bitcoins-town-square/
An essential piece mentioned in the read is Hayek's essential work:
The Use of Knowledge in Society Part 1
The Use of Knowledge in Society Part 2
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