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34 sats \ 8 replies \ @holonite 12h \ on: What the heck is happening with bitcoin fees right now? bitcoin
This is not the first time, the last time it happened it occurred was on the halving day. The Runes protocol has been clogging blocks since then. It can be because of that (not too probable tho). This can also be caused due to Inscriptions (Ordinals / Runes / BRC-20-like spam). These are like NFTs on Bitcoin that jam the mempool with large, complex transactions.
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0 sats \ 5 replies \ @denlillaapan 11h
do we know that this is the case now, or are you just speculating, Holonite?
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0 sats \ 4 replies \ @holonite 11h
just speculating, I didn't do it ofc 👀
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0 sats \ 3 replies \ @denlillaapan 11h
hahah... sure. I BLAME YOU!!
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7 sats \ 2 replies \ @holonite 10h
wth, I transfer your blame to OP_RETURN spam
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7 sats \ 1 reply \ @denlillaapan 10h
really. Try to filter me, bitch
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0 sats \ 0 replies \ @holonite 10h
I'd rather make you an NFT on the blockchain
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0 sats \ 1 reply \ @nichro 11h
halving day was magnitudes crazier, something like 1000-3000 sat/vb first few blocks, with some transactions paying over 50000sat/vb
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0 sats \ 0 replies \ @holonite 10h
lol yeah 😂 typical bitcoin inflation
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