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Topic: Mempool Observer Topic - page 58. (Read 16434 times)

legendary
Activity: 2352
Merit: 6089
bitcoindata.science
January 15, 2024, 07:55:54 AM
Hey guys, I am working in a new endpoint for FeeBuddy

What do you think about this? I am open for suggestions

Seems like a good idea.

Now, will the bot post this in all its updates? Maybe once a day is enough, since the graph shows data from the last 3 days.

I think it is important as people will see fees going up an down. Each image has about 10kb, so 40kb per day.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 15, 2024, 07:00:01 AM
     
  • fastestFee: 61 sat/vB
  • halfHourFee: 59 sat/vB
  • hourFee: 57 sat/vB
  • economyFee: 48 sat/vB
  • minimumFee: 24 sat/vB
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
January 15, 2024, 03:56:07 AM
Hey guys, I am working in a new endpoint for FeeBuddy

What do you think about this? I am open for suggestions

Seems like a good idea.

Now, will the bot post this in all its updates? Maybe once a day is enough, since the graph shows data from the last 3 days.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 15, 2024, 01:00:01 AM
     
  • fastestFee: 94 sat/vB
  • halfHourFee: 93 sat/vB
  • hourFee: 90 sat/vB
  • economyFee: 48 sat/vB
  • minimumFee: 24 sat/vB
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
January 14, 2024, 10:13:37 PM
Hey guys, I am working in a new endpoint for FeeBuddy

What do you think about this? I am open for suggestions

Doesn't load on mobile for some reason, or at least, loads slowly. Can you compress it some more?
legendary
Activity: 4270
Merit: 4534
January 14, 2024, 09:32:48 PM
all good so far. just think about all the stuff people may want to look back on in this topic in say 2 years where they might want to know some mempool observation stats from 2024..

more data the better, you never know what can be relevant/useful later
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
January 14, 2024, 07:57:25 PM
Hey guys, I am working in a new endpoint for FeeBuddy

What do you think about this? I am open for suggestions



Code:
[img]https://bitcoindata.science/bot/chart.php[/img]

This is still a work in progress. I am using data from mempool.space API, real time.

FeeBuddy would post it and save it to talkimg.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 14, 2024, 07:00:01 PM
      Embarrassed
  • fastestFee: 148 sat/vB
  • halfHourFee: 134 sat/vB
  • hourFee: 120 sat/vB
  • economyFee: 50 sat/vB
  • minimumFee: 25 sat/vB
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
January 14, 2024, 03:11:34 PM
<…> Where can we find statistics on how many Ordinals were moved? Do you know of any viable sources on the subject?
There are a bunch of Dashboards on Dune that analyse Ordinals data. My Dashboard there (which I've just updated to the most current available data), for example, sets today’s insofar Ordinal TXs to be 280.075 (out of 367.726 total bitcoin blockchain TXs). That’s a 76,2% ratio, though the data for today is yet partial.

This information will help, for something I have in mind.
But for me, the number of Ordinals per day, or per block, was enough. So I'm going to explore your data. Thanks.
newbie
Activity: 2
Merit: 0
January 14, 2024, 01:26:15 PM
THIS IS F*** UP! Something needs to be done! Do you want for Bitcoin to have Nokia's fate?
Almost everyone is saying, you know, the best solution is to wait! Juts postpone your transaction! Use litecoin! Use Binance pay. Use paypal!! Grin
Yep, something needs to be done, and as I said in another thread the fix may be released with v27.0 will eliminate the spam token transactions from the network but its still not 100% true, so if we don't eliminate them in someway then we will see these token attacks all over and over with different project names and people may actually choose other coins just because it doesn't make sense to pay 10-40 dollar in fee of a transaction which is less than 200bytes.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
January 14, 2024, 01:10:32 PM
<…> Where can we find statistics on how many Ordinals were moved? Do you know of any viable sources on the subject?
There are a bunch of Dashboards on Dune that analyse Ordinals data. My Dashboard there (which I've just updated to the most current available data), for example, sets today’s insofar Ordinal TXs to be 280.075 (out of 367.726 total bitcoin blockchain TXs). That’s a 76,2% ratio, though the data for today is yet partial.

Yesterday the ratio was 73,2%, whilst the day before It was 30.1%, being "that low" for quite a set of preceding days.

The above data derived from the tab labelled "Weight of Ordinals per day (blocksize)", and focusing on the right hand side last 4 columns (you may need to scroll).

ordpool.space gives you a visual per block vision, but does not aggregate data, and actually takes ages to fully paint a block’s ordinal related TXs.
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 14, 2024, 01:00:02 PM
      Embarrassed
  • fastestFee: 184 sat/vB
  • halfHourFee: 175 sat/vB
  • hourFee: 166 sat/vB
  • economyFee: 48 sat/vB
  • minimumFee: 24 sat/vB
legendary
Activity: 4270
Merit: 4534
January 14, 2024, 12:53:32 PM
another feature to add to bot
you can take the blocksize/txcount=tx size average or more specifically:
 if you do have code to truly observe mempool you can take the mempool size/tx count (or just add up all tx size in mempool)
to get average tx size
as thats still part of "mempool observation"

and also maybe API a market price and do a average size $ per tx
and compare to lean tx (1 in 2 out) 226byte $ per tx

EG
Quote from: NOTREALFeeBuddy
average tx size:366byte
      Embarrassed
  • fastestFee: 167 sat/vB
                        average tx(366byte): 61,122sat : $26.22
                              lean tx(226byte): 37,742sat : $16.19
  • halfHourFee: 155 sat/vB
                        average tx(366byte): 56,730sat : $24.34
                              lean tx(226byte): 35,050sat : $15.03
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
January 14, 2024, 12:35:14 PM
Since when was FeeBuddy able to do emoji?

Dunno but it's not really accurate , for the 200sat/b or even 100/b this would reflect the feeling of seeing those numbers:



I added those emoji when values are too high or too low  Cheesy
What do you guys think? Should I remove?

I will try to add a chart of past recommended fees. I think it will be useful.
sr. member
Activity: 756
Merit: 390
January 14, 2024, 09:27:35 AM
My understanding about this thread, the OP wants to draw attention of the developers who are the ones responsible for BRC20. Are the developers concerned about the congestion? I doubt that. Are they even bothered with this thread? I doubt that. What will be the end of this issue? I am assuming nothing. Everything will remain the same and the situation will be business as usual.

I am not happy of what is happening with the Bitcoin network and so were others when layer 2 solution was launched. Nothing is going to change and we will see more spams on the main chain. A year will pass and such congestion would become a usual affair, it is what is and none of us can do anything about it.
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
January 14, 2024, 09:26:46 AM
I can't wait till I see the data for the % ordinals in todays transactions, I just wonder how much of a spike we're experiencing.

I was curious about this.
Where can we find statistics on how many Ordinals were moved? Do you know of any viable sources on the subject?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
January 14, 2024, 09:18:39 AM
Since when was FeeBuddy able to do emoji?

Dunno but it's not really accurate , for the 200sat/b or even 100/b this would reflect the feeling of seeing those numbers:


I mean like seriously, it's damn Sunday, the price is down, there is no FOMO, we just had days of 30sat/b , who the f**8 is paying this and for what?
I can't wait till I see the data for the % ordinals in todays transactions, I just wonder how much of a spike we're experiencing.
Oh and we had exactly 144 blocks in the last 24 so can't blame that either.

Did everyone remember to make transactions today?  Roll Eyes

13th of January, really bad day to do stuff!  Wink
legendary
Activity: 3374
Merit: 3357
Crypto Swap Exchange
January 14, 2024, 09:16:51 AM
Since when was FeeBuddy able to do emoji?

Oh, this is fun.
earlier I thought that colours could be added, like those used by mempool.space but maybe it would be too colorful.
For example from green to red. Ok, maybe this picture doesn't represent it the best, because I can't find all the colors used in the fee structure of the display on the mempool

copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 14, 2024, 07:00:01 AM
      Embarrassed
  • fastestFee: 167 sat/vB
  • halfHourFee: 155 sat/vB
  • hourFee: 145 sat/vB
  • economyFee: 50 sat/vB
  • minimumFee: 25 sat/vB
copper member
Activity: 238
Merit: 20
bc1qvq66kccea2fdqft6kss2zyn8y32z8xyy9rzhp0
January 14, 2024, 01:00:01 AM
      Embarrassed
  • fastestFee: 212 sat/vB
  • halfHourFee: 202 sat/vB
  • hourFee: 189 sat/vB
  • economyFee: 50 sat/vB
  • minimumFee: 25 sat/vB
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