[bisq-network/proposals] Mitigate issue with not confirmed deposit transactions (#132)

wiz notifications at github.com
Fri Nov 1 19:57:20 UTC 2019


I agree that fee estimation is a hard problem, and that's why I've been contributing to the [Mempool.space](https://mempool.space) project for the past several months, which is one of the most respected Bitcoin mempool analysis websites available - it's much better than 21 / earn.

[Mempool.space](https://mempool.space) updates its database every few seconds to project the next X blocks that will be mined, and uses this data to estimate fees in the next X blocks. I actually observe the mempool all day every day on a dedicated display, to constantly check if the "next block fee" is accurate or not. What you consider "best" may not be what I consider "best", but since this API updates in realtime from the live mempool state, I think this is a very good starting point, and much better than the current centrally hosted CPOF at earn. This way we can all self-host our fee estimation backend.

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