Post
Topic
Board Development & Technical Discussion
Topic OP
congested mempool & LN
by
Zoomic
on 09/05/2023, 08:43:33 UTC
I searched the internet for the cause of the mempool congestion with these words "What is the cause of mempool congestion?".
The below answer was given me.

"A surge in Taproot usage and ordinal inscriptions has put pressure on the Bitcoin network. This has caused transaction fees to skyrocket and the mempool to clog up"

https://www.coindesk.com/business/2023/05/08/binance-pauses-bitcoin-withdrawals-for-the-second-time-in-24-hours/#:~:text=Binance.

Without winding my head much about it, I read down the article and discovered where Binance after pausing and resuming BTC transaction is working on implementing the Lightening Network as a solution to the congested mempool.
I think this is the perfect time for Lightening Network to prove its importance to everyone and even its doubters.

If you open a channel, you can continue your transactions in the channels and will only close it when the mempool is decongested. I think bitcoin on its own have a self healing medication (the LN).