Can someone with knowledge educate this dog about mempool fees being so high right now? Why? πΎπΎπ«‘β
Discussion
Demand for block space and the priority of your transaction. If there is a high demand for block space if you want your transaction to confirm faster you will use a higher sats/vb fee. Or do you me specifically why rn now?
Thanks! I meant right now. Something is going on? πΆπΎπ«‘
Ah my bad *insert news here* thatβs why π
Ok, so βsome newsβ triggered a bunch of people transacting? What are the news? I am sure I am missing something and living under the stone πΆπΎπ«‘π
No idea as far as Iβm concerned it looks normal. Itβs been higher in the past there are always periods of higher and lower fees.
The blocks dont look like they are filled with inscriptions like when mempool was full of inscriptions a few weeks ago... I dont know but I love to see high demand for block space :)