Quote from: mk4 on Today at 11:18:46 AM

Quote from: Dunamisx on Today at 08:51:21 AM

3. An exchange named Binance is also planning on integrating Lightning Network to their system considering her recent controversies and withdrawal challenges as a result of the bitcoin network congestion due to ordinals. https://twitter.com/BitcoinMagazine/status/1655587572876279817?t=ZnmNwnEeAlSuqRliHRtvxQ&s=19

This here is the silver lining. If I'm going to guess, Binance doesn't even have a plan of integrating Lightning if it wasn't for this huge block congestion 'issue'. At the very least, at least right now it's just crypto peeps flipping jpegs — not much of the actual layman trying to transact with bitcoin. Better to have this congestion issue early on today, than in the future.

the congestion this month is not actually meme jpegs nor brc json crap
its just standard transactions paying too much done via pools recycling rewards as fees which recycle fees as rewards. meaning little to no costs on average. but effect is pushing up the average fee everyone else pays

the amount of meme jpeg junk has dropped to near zero
the amount of brc json junk is not even half of transactions

there is a few other things happening aswell..
there is a counter attack to break ordinal count
this is where they create a zero btc value utxo then add in junk ordinals. to then cause a miss count becasue trhere is no sats in the output. thus breaking ordinals proposition

just grabbing the latest block and looking at the first transaction the one with the highest fee
https://www.blockchain.com/explorer/transactions/btc/97268b40be559a05e8d328743c883408a63265f4da89262f15533f66230d4ed3
people are paying stupid amounts to attack ordinals. but all its doing is causing more fee mania

its spam fighting more spam causing more fee's