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Today the on-chain network got jammed again. I stared at the mempool like watching a lending dashboard’s blood pressure… Do you think clicking confirm is the end? Actually, it’s just getting placed into a queue—if the gas isn’t enough, you’ll be lined up and processed slowly. And later you might be bumped out or replaced. (I’ve even done it myself once: when I got impatient, I upped the gas price to squeeze the previous transaction out.) What’s even more annoying is that the price keeps moving while it’s queued. Once slippage gets amplified, whether it succeeds or fails becomes borderline mystical. And even if it fails, you still pay some transaction fees—really painful.
I ask myself: then who am I really fighting for?
I’m fighting with everyone who’s in a hurry—plus the robots…
In the group chat these past few days, people have been circulating screenshots about “stablecoin regulation / reserve audits / de-pegging.” The moment someone says something might go wrong, everyone suddenly charges in together, and the mempool instantly turns into the Spring Festival travel rush. Anyway, my current approach is pretty cowardly: I’m not racing those few minutes. I’d rather split it into two transactions and test the waters with a small amount first, so I don’t get stuck for half a day with a single transaction while the liquidation line lingers there like a ghost. For now, that’s that—just mentally exhausted.