Anyone have an idea why the mempool is so full?

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People have found a way to inscribe NFTs in it. Look up ordinals and inscriptions.

Yeah, I was thinking it might be something related to Silvergate fallout, but seeing how few transactions for the amount of expected blocks, it's got to be The Return of the Jpegs.

Probably because there are a lot of transactions.

Except there really aren't. Only 300 per block. Must be the ordinals again...

Except there are, 40k + unconfirmed transactions. Adding useless data to the witness segment has been a thing for years now. Nothing new.