Block Space | Jack Of All Techs

Sat. Apr 20th, 2024

Bitcoin Block Space Blockchain BRC20 token economy cryptocurrency difficulty Global Hashrate Mempool News onchain fees Ordinal Inscription Transaction Fees Unconfirmed Transactions

Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%

May 11, 2023 Jimmy Rivera

On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion…

Bitcoin Block Space BRC-20 BTC Fees Mempool network transactions

Bitcoin ‘under siege’ by BRC-20 coins with soaring fees, claims analyst

May 10, 2023 Jimmy Rivera

Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.

Bitcoin Block Space BTC Fees Mempool network transactions

‘Bitcoin is not under attack:’ BTC maxis allay fears of a DoS offensive

May 8, 2023 Jimmy Rivera

Concerns circulated on Crypto Twitter of a denial of service (DoS) attack on the Bitcoin network.

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