Transaction fees are at twelve year lows.
Chart: All time total daily tx fees priced in real money (bitcoin). Log scale. 7 day avg.
Source: https://www.blockchain.com/explorer/charts/transaction-fees
Days held before spending of each utxo in the past year.
The purple squiggly line is wizard stuff.
Very few old coins being spent recently.
Source: utxo.live
Currently no blocks can be created after 2106 because the time stamp field is stored in 32bits which reaches its limit in 2106 and a consensus requirement is for the timestamp to be greater than previous timestamps.
The thing is the the sooner we fix it the less likely it will need a hardfork.
For example if we fixed it now, a node would have to run for 80 years in order to hard fork
We should consider fixing the 2106 bug before covenants
Fiat is keeping the best athletes from getting paid correctly. NFL Quarterbacks who signed contracts 3 years ago were the highest paid at the time. Now they’re the lowest paid, even though they’re the best, only because they set their salary 3 years ago. The highest salary is now the newest salary no matter the skill.
His optimism is inspiring. The only thing we know about the future is that it will be fantastic
You mean that age increases during bull runs?
Yes for every tx in every block, I make a data point for the age of each input in the tx
The age of every bitcoin transaction.
Source: utxo.live
All utxos spent yesterday.
Source: utxo.live
Every Bitcoin Transaction to Date
