10 sats \ 0 replies \ @cryptocoin OP 4 Feb 2023 \ on: Something else is burning blockspace and bloating the UTXO set 🧵 bitcoin
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While everyone's distracted by jpegs, something else is burning blockspace and bloating the UTXO set.
Over the past month, it may have used up to 2% of block capacity, created 0.4% of the current UTXO set, and fueled the recent spike in P2TR outputs.
https://mempool.space/block/000000000000000000037c8a7de1424deb85999b31928b8cea66f6f10374e600
https://twitter.com/mononautical/status/1621663167582437376 [Nitter]
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