I'm playing around with myst
wallet on a private network, and noticed this option while sending funds between wallets:
This is ETH, but I'm also interested how other networks handle this issue.
So I started to wonder - is it possible that in abundance of high fee transactions to add (mine), my transaction would never be applied to a block? In a similar fashion like low priority processes can get starved?
Or maybe there is some mechanisms that will ensure that my transaction gets through?
I can imagine such mechanism like this: each miner has to pick at most 90% transaction with high fee, and 10% transactions with low fee. This way - low fee queue can get clogged, but if it's a FIFO queue - those would be processed eventually.
As opposed to the approach where take X transactions ordered by fee desc
would allow to high fee transactions to flow in virtually starving everything else.