Replying to Avatar noosphere888 šŸ“

Mempool cleared at blocks 777653, 77654, & 77655

The block fees didn't get very expensive overall with the ordinals drama. A lot less that the spike in Nov 2022 with the FTX & Binance drama.

The ordinals drama also happened to coincide with Binance's routine consolidation dumping.

Majority of txs were < 2 sat/vB (pink).

At it's peak, the avg tx fees were ~5-6 sat/vB, compared to the avg spiking to ~12-15 sat/vB in Nov.
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悄惈惊 2y ago

Iā€™m old enough to remember when Casey Rodamor said the mempool would never clear again after he invented ordinals & inscriptions

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burgrund 2y ago

he himself never said so, I believe. Just a mining twitter guy.

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悄惈惊 2y ago

He said it when he went on Citadel Dispatch to discuss ordinals

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burgrund 2y ago

thanks for the info. It's overvalued from both sides. It won't save bitcoin fee markets nor will it bloat the chain till infinity.