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🎂 the mempool (the dark forest)

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Dr. Mia von Steinkirch 2022-10-19 19:34:05 -07:00 committed by GitHub
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MEV_on_Ethereum/MEMPOOL.md
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## 🎂 the mempool
## 🎂 the mempool (the dark forest)
### tl;dr
<br>
### the dark forest tl;dr
<br>
* whenever you make a transaction in the Ethereum network (you sign the transaction), you have to wait until it to be confirmed in the blockchain.
* during that period, it sits in the memory pool.
* anyone can listen to these transactions, and their details, while they are there, and even modify them.
* if someone pays a higher gas price, their modification will be included a block first.
* the mempool is the ethereum memory pool, where pending new txs wait to be confirmed, i.e., validated and included into new blocks.
* ethereum has a public mempool and many private mempool spaces (such as the ones provided by flashbot’s protect or rook’s coordinator).
* this means that nodes and associated entities are entitled to configure their own rules for their mempool by allowing private (exclusive) order flow to
* txs to be included in blocks, while not visible in the public mempool.
<br>