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Topic: Network jam. - page 2. (Read 224 times)

legendary
Activity: 2254
Merit: 2406
Playgram - The Telegram Casino
April 15, 2024, 08:26:07 AM
#2
The network isn't jammed, technically it's a congestion which increases the feerate that you're seeing. Transactions are still being confirmed at the average time expected.

Whatever the use of ordinals, I do not believe it's worth the fees people are willing to pay for it and the ripple effect it has on other holders is very high. They have to use competitive fees if they want their transaction confirmed in priority time, or try accelerators.
newbie
Activity: 27
Merit: 0
April 15, 2024, 07:45:22 AM
#1
Today is 15 Apr 2024.The Bitcoin network is jammed, the fee rate goes to about 100sat/vb. I can see many OP_RETURN transactions at mempool.space. They seemed to have some special use. What are they used for? Cry
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