Post
Topic
Board Bitcoin Discussion
Re: Is anyone saw mempool right now? Mempool spam
by
TravelMug
on 10/11/2023, 00:33:46 UTC
Mempool right now seems to be in spam
Transactions almost for 500mb is stuck
Seems like it's will freeze

High priority tx fee will cost 182 sat/vB  Huh

What further steps will look like if this spam continues?
I don't remember this happening before in history

This happened several months ago as well, and we didn't do anything, we just wait till everything settles down. Of course bitcoin enthusiast is very mad that BRC-20 ordinals are spamming the network and it seems that they are going it to cause some newbies to stay away from the market, it short it's a deliberate attack on their end. However, after a couple of months, or shall we say, weeks, it suddenly goes down without reasons.

Miners are having a blast right now he he  Grin Grin

Well it's business I guess, someone will have to be paid, regardless it is 1 sat/vB or 200 sat/vB to secure the network.

And that's why this is the big difference of BTC to the rest of the altcoins as there are miners who really do this because it's their job to secure everything for us for a transaction fee, 6 confirmations to be exact.