Bitcoin block size hits yearly low: Impact of BTC halving?
[Jun 19 5:14 AM] Despite Bitcoin’s block size hitting a yearly low, the Runes minting market continues to show strong activity and profitability.
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Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto
[May 3 7:31 AM] On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto. This block, similar to the one that previously held the record…
Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop
Bitcoin Blockchain Surpasses Half-Terabyte Amid Soaring Transactions and Increased Block Capacity
Adam Back States ‘You Can’t Stop JPEGs on Bitcoin,’ Proposes Block Size Increase to Host Inscriptions
[Dec 18, 2023 12:30 PM] Adam Back, CEO of Blockstream and legendary cryptographer, has acknowledged that inscriptions, media embedded directly on top of Bitcoin, cannot be stopped, stating that any action focused on this will only prompt users to do it in “worse…
Block size and scalability, explained
[Dec 10, 2023 10:25 AM] Block size and scalability trade-off involves optimizing transaction capacity while ensuring network performance amid increasing demand.
The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today
[May 17, 2023 3:07 PM] Amid climbing transaction fees and increased development activity, bitcoiners are warring over the future of the network. Is this a replay or a result of the so-called Blocksize Wars.
‘Totally Irresponsible’ — Bitcoin Proponents Express Discontent Over Twitter’s Doge Logo Change
[Apr 4, 2023 11:30 AM] After the Twitter logo was changed from the original blue bird to a cartoon image of the famous Shiba Inu Doge, the cryptocurrency dogecoin rose significantly in value and is now up 27% more than 12 hours later. However, a number of bitcoin…
Showcasing The Bitcoin Inscriptions Craze In Six Charts
[Feb 27, 2023 1:49 PM] Six insightful data sets underscore the rapid rise of interest in Bitcoin inscriptions, demonstrating their undeniable impact.Inscribing bits of data onto the Bitcoin blockchain through Ordinals has captured the attention of cryptocurrency…
BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency
[Feb 26, 2023 7:00 AM] In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Federal Reserve, creativity…
Addressing Ordinal Concerns: Bitcoin Decentralization And Block Space
[Feb 26, 2023 2:00 AM] Bitcoin inscriptions have been out for a few more weeks, so we follow up on the fee market and block usage to observe what’s changed after 100,000 inscriptions.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin…
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
[Feb 19, 2023 11:30 AM] As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the…
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises
[Feb 12, 2023 3:00 PM] Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB…
How Inscriptions Impact Bitcoin Block Space
[Feb 9, 2023 2:00 AM] The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…
How Bitcoin Ordinals Can Change The Future Of Mining
[Feb 6, 2023 10:02 AM] The sudden emergence of inscribed Bitcoin blocks has been met with criticism, but it offers a glimpse of how Bitcoin block space will evolve.This is an opinion editorial by Zack Voell, a bitcoin mining and markets researcher.A specter is haunting…
Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more
[Feb 2, 2023 11:30 PM] Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so.
Bitcoin Records Largest Mined Block to Date, 4 MB Block Containing NFT Causes Unease Among Small-Block Supporters
[Feb 2, 2023 9:30 AM] Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the…
Ordinals protocol sparks debate over the place for NFTs in the Bitcoin ecosystem
[Jan 30, 2023 12:30 AM] The community has been divided as to whether the nonfungible token-like “digital artifacts” are the right fit for the Bitcoin space.
Data Shows That Bitcoin’s Lightning Network Has Solved The Scalability Problem
[Nov 24, 2022 9:30 AM] A data-driven exploration proving that Lightning scales bitcoin payments beyond Visa and that second-layer innovation is the way.This is an opinion editorial by Stanislav Kozlovski, a software engineer and macroeconomic researcher.Many Bitcoiners…