Nostr Web Client

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

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

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

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.