Oddbean new post about login | logout Interesting, monero transactions/fees* scale easily so we can zap anyone layer 1? again limited monero knowledge 😅
Yes as well as the blockchain itself to handle large amount of transactions
How fees works for monero? Can we check it live like mempool for btc ?
Its not as interesting as mempool.space since you can't see sender,receiver and amount.
I mean, if such thing exist for the part of live fees priority and cost
Monero txs are so cheap (usually less than .01 USD) basically nobody worries about it. There was an issue with some network flooding a few months ago where people who needed to get a tx in a block had to up their fee. But that was the first Ive heard of any fee market in years.
That was an attack on dnm… they made $300k stealing from them…
no cap? they were somehow brute forcing privkeys? how did flooding txs steal xmr? which DNM was the target?
what a monero block explorer looks like FYI https://localmonero.co/blocks/
if you had it setup I could zap this https://image.nostr.build/028199f95879cd31f6675023dc2d17d5d5897772373b674a780d2712af0898a6.jpg
The average XMR fee is very low compared to BTC https://image.nostr.build/c66c1d6711cc586c1cbf2f378064e30979d434e921ca3aab3397ff270b2dbb79.jpg
