Priority Fees and Local Fee Markets are seeing rapid adoption across the network at the wallet and dapp level.
18 Jan 2023, 04:47
Priority Fees and Local Fee Markets are seeing rapid adoption across the network at the wallet and dapp level. But what are priority fees? How do local fee markets work?
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You may have heard about Solana's local fee markets, but what are they and why do they exist?
The goal of this thread is to help you understand the structure of Solana's blockspace so that you can understand how it is that local fee markets emerge. 🧵🧵