The new DEX’s aim is to eliminate the practice of mempool sniping, which is when users exploit the time lag in which a transaction is waiting to be added to a Bitcoin block. Under the blockchain’s design, the “mempool” is the queue where transactions sit waiting to be added to new blocks by Bitcoin miners.
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Jamie Crawley
https://www.coindesk.com/tech/2024/10/23/bitcoin-startup-satflow-targets-mempool-sniping-in-new-token-trading-rival-to-magic-eden/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-10-23 14:00:00