When there's congestion, you throw your transaction into the mempool, which is basically waiting in line at the cafeteria: first stuck in the waiting area, waiting for miners/validators to call your name. Seeing "broadcasted" doesn't mean it's "on the way"; more often, you're squeezed behind a bunch of higher-tipping transactions, and the longer you wait, the more you want to increase your fee. But speeding up then widens your slippage space, giving the snipers a knife. Later, I thought it was pretty funny—I used to be anxious about confirmation counts. Recently, before and after the main chain upgrades/maintenance, the group was guessing whether projects would migrate. I prefer to watch the mempool: when congestion hits, I hold back, prefer to set lower fees, enable protections, or cancel and restart if necessary. Anyway, rushing is useless; the more anxious you are, the easier you are to be sniped.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin