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Author Topic: Is anyone saw mempool right now? Mempool spam  (Read 442 times)
DeathAngel
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January 02, 2024, 11:54:17 AM
 #61

It’s currently under 100 sat/vB for a medium priority transaction fee. This period of high fees, largely created by Ordinals shitcoiners will pass. We had a similar scenario during the block size wars with bad actors, big blockers spamming the network. These guys will run out of patience & get bored.

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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January 02, 2024, 12:05:37 PM
 #62

Mempool right now seems to be in spam
Transactions almost for 500mb is stuck
Seems like it's will freeze

High priority tx fee will cost 182 sat/vB  Huh

What further steps will look like if this spam continues?
I don't remember this happening before in history

Miners are having a blast right now he he  Grin Grin

Bitcoin is having a bull run right now. Also nonsense things like ordinals have not yet stopped. And we can see the result of a clogged Bitcoin network. If ordinals was not there, we probably wouldn't have to see this today. But fortunately, ordinals are still life and the primary source of spamming the network.

I remember reading in this forum that the development team is planning to expel the ordinals from the network. Can anyone share any update on this?

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January 02, 2024, 12:07:43 PM
 #63

I don't like what's going on to be very honest with you all. Being a Bitcoin supporter, I don't want to see paying $10-$20 fees for a single transaction be feasible in 2024 where you can send millions by paying less than a dollar of fee. Let's hope this gets fixed soon but still, it hurts to see the NFT stuff on Bitcoin blockchain.
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