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In this episode of The Ordinal Show, the attention is given to a new mempool protection feature introduced by Magic Eden to combat transaction sniping and enhance user experience in Bitcoin marketplaces. Key solutions, such as the use of multi-signature addresses and Merkle trees, are explored to prevent transaction disruptions. The hosts also address the trade-offs involved in ensuring security and scalability while minimizing user friction. Additionally, user experience from both sellers' and buyers' perspectives, risks of centralization, and future improvements are discussed.
By The Ordinal ShowIn this episode of The Ordinal Show, the attention is given to a new mempool protection feature introduced by Magic Eden to combat transaction sniping and enhance user experience in Bitcoin marketplaces. Key solutions, such as the use of multi-signature addresses and Merkle trees, are explored to prevent transaction disruptions. The hosts also address the trade-offs involved in ensuring security and scalability while minimizing user friction. Additionally, user experience from both sellers' and buyers' perspectives, risks of centralization, and future improvements are discussed.