BRC20 token economy – Miami Crypto Coin

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Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

Post author:MiamiCrypto
Post published:May 16, 2023
Post category:Bitcoin BRC20 token economy BRC20 tokens controversy cryptocurrency market distinct tokens Ethereum blockchain growth Market Capitalization Maximalists News Ordinal inscriptions token economy valuation

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins.…

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…