Quote from: dansus021 on Today at 12:52:56 AM

Quote from: BitcoinGirl.Club on November 09, 2023, 02:44:00 AM

From the last three days I have a transaction which is stuck, it is painful.

It is very painful Cry

Quote from: stompix on November 09, 2023, 02:59:11 AM

No conspiracy, ordinal inscription!

https://ordiscan.com/address/bc1plqdm0ndmnfzgzhfd8jcm6xrfmdur3j36cxnsj3rrfqdlz0mvczeqch89pz
https://ordiscan.com/address/bc1p0jk9wyzkuspp7pcpmalcexlpxgn2rua2m7w6hhr260rpk8ceyg9qewku7d
https://ordiscan.com/address/37q5GbpAX6ZJgcVNh9G71CCBTA7tfkk9LE

So it is because of the ordinal transaction, I know the ordinal creates a lot of noise but a couple of weeks ago bitcoin back to the normal fee for even 2 sat/Vb, and today when bitcoin reach 37K the transaction is growing crazy, Maybe this transaction was accompanied by people who wanted to take profit and send their money to the exchange well make sense Undecided

and what the heck is this, NFT??

Quote from: philipma1957 on November 09, 2023, 03:23:58 AM

And I can tell you that miners are loving it.

And at the op miners get paid to guard your wealth. Right now miners are barely hanging in there above water.

This is why people push ordinals to

a) create miner relief
b) make pressure on btc to scale its fees better.
c) give miners and coin holders the option to say fuck you to btc and switch to scrypt.

It is

the fee is almost a half of the bitcoin reward there are also people who pay 1,101 sat/vB This man has balls Cheesy

and found an article on Quora that basically said like this - https://www.quora.com/What-is-the-purpose-of-spamming-Bitcoin-mempool-with-lots-of-transactions-with-a-low-fee-which-would-barely-ever-be-confirmed

2. Strategic Fee Manipulation: In some cases, individuals or entities may spam the mempool with low-fee transactions to manipulate the fee market. By congesting the network, they can artificially drive up transaction fees, creating an advantage for their own transactions or attempting to disrupt the activities of other participants.

The difference is they use a high fee to do the transaction.

Anyway is this possible that Ordinal using system like layer 2 on ETHereum using Rollup transaction ?

It is not desired as the entire idea 💡 behind high fees is to pressure btc to alter fee scaling. Or have smaller transactions move to scrypt.