Zero Knowledge

Blockchain 101: Transaction lifecycle & the mempool


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In this episode, we are joined by Tomasz Drwięga, a Core Developer at Parity Technologies, to discuss the lifecycle of a transaction on the Ethereum network and how the mempool works.

We will be covering the following topics:

  • What a mempool/transaction queue/transaction pool is.
  • How a transaction reaches a mempool and what the mempool does with it.
  • Looking at what causes the CPU increase and delays in the network.
  • What happens when a transaction gets stuck.
  • Gossip.
  • The security properties of the mempool.
  • What a network attack could look like.

Here are some additional links and ressources if you want to dig deeper.

  • https://medium.com/blockchannel/life-cycle-of-an-ethereum-transaction-e5c66bae0f6e
  • https://blog.infura.io/when-there-are-too-many-pending-transactions-8ec1a88bc87e
  • https://etherscan.io/txsPending
  • https://en.wikipedia.org/wiki/Gossip_protocol
  • https://github.com/ethereum/wiki/wiki/Ethereum-Wire-Protocol

...more
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