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Replying to Avatar mutatrum

Not sure what you're question is. The things I'm referring to:

* The total block reward > 9 BTC. This is historically quite a lot, as the block subsidy without fees is only 6.25 now, and 2.8 BTC is added in fees.

* Part of the fee increase is extra demand on block space, caused among other things, ordinal inscriptions. These are created by people to embed data, such as pictures, in the block space.

* Rather than just submitting a transaction to the mempool, some groups create large amounts of these transactions and bypass the mempool and submit them to miners directly. Those are the blue squares.

* Reason for bypassing the mempool can be many: it could be that they do something that default software would not accept, but are still valid transactions, or they want to negotiate a fixed or bulk fee with a miner, or they want to try and get in a specific block or order.

Hope this helps.

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Nicholas Bartlett 2y ago

Is this kind of what the different layers are about? https://fountain.fm/episode/15036753729

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