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Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog

[Jun 27 7:10 AM] Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close…

Pricing Out Inscriptions

[Jan 17 10:30 AM] The battle for the future of Bitcoin is raging in real time on twitter as we are on the cusp of global economic contraction, thanks to 50+ years of the USD fiat regime, and are eagerly waiting for the approval of a spot Bitcoin ETF by the SEC. Yet…

High Fees vs. "High Fees": How I Learned To Stop Worrying And Love The Mempool

[Jan 5 10:34 AM] The recent surge in Bitcoin's on-chain fees has reignited a familiar discussion within our community, bringing to the surface diverse perspectives on the implications and root causes of this trend. A faction within the community views these…

Are Mining Pools Becoming A Problem?

[Nov 21, 2023 12:30 PM] Bitcoin miners provide a valuable service to the ecosystem. In exchange for the work they do securing the network, they are rewarded by the same network they protect. This sound and elegant design by Satoshi is surely one of the most remarkable…

Gentrification And Bitcoin Blockspace: Economic Parallels With Real Estate

[Sep 19, 2023 11:23 AM] In September 1943, a character whose name nowadays covers the newscasts of half the world was put in charge of what would become a bastion against the offensive tactics from the rest of the European countries. The Second World War counted tens of…

Is Ethereum Outshining Bitcoin in Terms of Fees? Crypto Voices Share Thoughts

[Sep 9, 2023 4:47 PM] Lately, the crypto sphere, with bitcoin aficionados in particular, has been buzzing with chatter about the fees pocketed by BTC miners. They’re pondering if these fees will adequately offset the impending 2024 halving and the accompanying…