According to — https://github.com/jhoenicke/mempool / https://jochen-hoenicke.de/queue/#2d.
Seems like overall fees are on their way down! Thoughts?
That would be the best news ever for bitcoin community and bitcoin currency as well. I think we'll definitely see a surge in the value if that happens. This may also quicken up the transactions, hence great but a big IF, if that happens. Seems like overall fees are on their way down! Thoughts?
There is no IF here... When looking at my own node's stats, the number of unconfirmed transactions have dropped below 10k for the first time in weeks...
What might have happened? Just guessing here, but maybe the person spamming transactions has decided to stop, maybe the costs of his spam campaign no longer outweighted the benefits (whatever they might have been)?
Some online services still use high fees.
So for a while the miners will still earn more while nobody has to spend on spamming.
It's a win-win situation, but I fear it may be short lived.
