block-space – Miami Crypto Coin

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

Post author:MiamiCrypto
Post published:May 11, 2023
Post category:Bitcoin block-space Blockchain BRC20 token economy Cryptocurrency difficulty Global Hashrate Mempool News onchain fees Ordinal Inscription Transaction Fees Unconfirmed Transactions

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 ‘under siege’ by BRC-20 coins as fees soar, claims analyst

Post author:MiamiCrypto
Post published:May 10, 2023
Post category:Bitcoin block-space BRC-20 BTC Fees Mempool network Transactions

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

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

Post author:MiamiCrypto
Post published:May 8, 2023
Post category:Bitcoin block-space BTC Fees Mempool network Transactions

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