Quote from: Pamoldar on June 29, 2019, 06:23:39 PM

Quote from: fabiorem on June 29, 2019, 05:45:45 PM

Who's spamming the network?

https://btc.com/stats/unconfirmed-tx

107 satoshis to 3 satoshis per vbyte in a matter of minutes.

I think it's the wallet software users are using. People tends to use the recommended fees by the wallet software. Yesterday I had a 1 sat/Byte tx cleared. It was hanging there for last few days but I did not bother.

I think people are overpaying because of ignorance.

See Fees are low, use this opportunity to Consolidate your small inputs!
Wallets all try to compete for the same limited block space, which means that everybody pays more, and blocks are still full. I think the fee market would work much better if most users choose their fee manually. If you're in a hurry: pay enough! But if you're not in a hurry: don't try to compete with other users.
I usually pay 1 or at most a few satoshi per byte, as most of my transactions are not time critical.