At least after the last almost clear, this one looks and feels a bit more 'real'. Not just a bunch of 1sat inscriptions and such.
mempools last cleared over six months ago, they may never clear again 👀
bitcoin transaction fees limit network abuse by making usage expensive - there is a cost to every transaction, set by a dynamic free market based on demand - it is an incredibly robust way to prevent spam without relying on centralized entities that can be corrupted or pressured: https://www.discreetlog.com/utxos/
Discussion
Really??? There was barely 20k transactions 48 hours ago in the mempools now there is over 200k. It doesn’t seem organic.
Been slowly building for a few weeks, minus a few hours and days.
Price pumping a bit as well, could be some wallet transfers too. Not sure.
Not all 1 sat currently like it was a month or 2 ago. still a lot but the high spike in fees also seems more organic, not just 6 or 7 sats/vb
