Post
Topic
Board Bitcoin Discussion
Re: Bitcoin mempool reaches 600K transactions
by
Yogee
on 05/09/2023, 12:58:51 UTC
Do people think this high usage is good or bad for Bitcoin?
Good for the security of the network but not so much for wider and mainstream usage I guess.

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Are there still many inscriptions being made on the network or is this more financial transactions?
I think the hype on jpegs on Bitcoin is already over so most likely regular financial transactions. I just find it unusual that there's increase in volume while the price hasn't moved that much. There seem to be no spam attack on the network as well.

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Although I prefer the mempool priced around 4-6 sats/vB, I'm also happy being patient if not urgent, like most network users it seems.
I'm okay with anything that's 10 sats/vbyte and under.