Each new block on the chain since #909137 has been completely full.
Why are tx fees so only 1-2sats/vb?
Even high priority is <10 with >20 block in mempool.
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211 sats \ 0 replies \ @ken 9 Aug
I'll start spamming transactions. Give me one sec
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177 sats \ 4 replies \ @optimism 9 Aug
It's a sign from the spirits that now is a great time to consolidate your near-dust utxos and coinjoin your stack, to mess with the spooks.
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300 sats \ 3 replies \ @Scoresby 9 Aug
What does the discerning bitcoiners use to coinjoin these days? Join market?
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202 sats \ 2 replies \ @optimism 9 Aug
Personally I'm just using wasabi with a high target "anonymity score" and switching coordinators from time to time, but I'd not recommend it to anyone per-se because most of the liquidity is sitting on a single coordinator (kruw's)
It's good you ask this though, because there may be value in a bit of exploration what liquidity is where right now on the other join protocols. I can't do it the coming week - not enough time available - but may actually be able to do something the week after, while hoping someone beats me to it.
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100 sats \ 1 reply \ @anon 10 Aug
How does anyone know kruw is not a spook? I have tried to read into whether it's necessary to 'trust' a coordinator... But I can't get a clear answer. Thanks
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0 sats \ 0 replies \ @optimism 10 Aug
You don't know that about anyone; not you or me either, and what isn't today can change in the future. Thus "regularly switch coordinators" is useful, but you can see on the wabisator that the liquidity is rather concentrated.
Yes, to a degree, because sybil attacking is possible. There's some documentation in the FAQ about this.
If you have a particular scenario you're worried about, I'm sure we can find out.
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102 sats \ 2 replies \ @Grateful 9 Aug
Few transactions.
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0 sats \ 1 reply \ @Scoresby 9 Aug
I admire your wisdom.
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0 sats \ 0 replies \ @Grateful 9 Aug
😀🙏🏽
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28 sats \ 0 replies \ @nullcount 9 Aug
Most mining pools are accepting below 1 sat/vb fees. A few months ago, those txns would not be relayed by nodes or included in miner blocks.
Most trading volume of BTC is using paper instruments like ETFs, stocks, or custodial accounts. A few years ago, these didn't exist or were less popular compared to making a peer-to-peer txn.
Lightning network is more mature. Its common now for a single channel to process tens of thousands of payments in its lifetime. LN didn't exist a decade ago, but now it is the preferred way to add payments using BTC.
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10 sats \ 0 replies \ @SevenOfNine 10 Aug
Because most people using Bitcoin have opted into using it in one or more of the following three ways. Lightning, Federated or Custodial. None of which go on chain for a majority of their usage.
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0 sats \ 0 replies \ @claos545 10 Aug
It’s interesting that blocks are full but fees stay low. Likely due to efficient batching and segwit, which lets more transactions fit without raising fees much. Also, miners might prioritize differently, not just by fee rate. This pattern is unusual, so worth watching if it continues. Have you seen this across different wallets or nodes?
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0 sats \ 0 replies \ @bitcoingecko 9 Aug
ETFs, Lightning network, "paper bitcoin", and bitcoin knots?
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0 sats \ 0 replies \ @flat24 9 Aug
That amount seems great to me... on the day of the HALVING it will be 2000 Sats/vB 😱
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0 sats \ 0 replies \ @Scoresby 9 Aug
And difficulty mostly just goes up:
source
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