Low fee Ordinal inscriptions are going to start falling out of the mempool as well as your low fee financial transactions.
Discussion
😳
That can’t be good.
This is great news. Make the shitcoiners pay more fees. Use lightning for transacting while we wait for them to implode on themselves
Yesterday my on chain transfer was downright cheap. I guess that will soon be a thing of the past.
That's a good thing! The market is healing itself 🙂
Mempool has a depth of 68 blocks, and is just about to reach the 300 MB memory limit on nodes with default configuration. 15 blocks of data are now above the 1–2 ṩ/vB feerate band. The minimum feerate to get into the next block is 17 ṩ/vB.
Some laughs still end in tears
It'll work itself out.
I remember when the FTX thing failed, I was moving a huge chunk of corn off exchange. If I was late a little bit, I would’ve paid lot more.
It felt kinda good when you look back at them while they trying to squeeze through the crowded blocks lol.
#[5]
Someone opening a channel to me put their fee at 1 sat and it's been getting kicked out for > a day.