Post
Topic
Board Bitcoin Technical Support
Merits 1 from 1 user
Re: Question about Bitcoin network spammer
by
stompix
on 20/11/2023, 17:39:20 UTC
⭐ Merited by ETFbitcoin (1)
Just to wrapped up the madness
You guys remember polygon? An Ethereum layer-2 project that was meant to be a solution to Ethereum's high fees?
Well, their gas fees spiked by 1,000% amid Ordinals-inspired token craze Grin

Title:
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Polygon gas fees spike 1,000% amid Ordinals-inspired token craze
Article:
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Gas fees on Ethereum layer-2 Polygon surged more than 1,000% to reach a peak of $0.10 as users inundated the network with the minting of Ordinals-inspired tokens dubbed POLS.

Common, this is pure clickbait, you could have 10 000% there and it would till be under a dollar while you're looking right now at 4$ in fiat vale for the smallest on BTC, so despite 1000% is still 2.5% of what we're experiencing.

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POS chain? 6m transactions in last 24 hrs. 170 TPS on average. 1mn+ MATIC burnt by the protocol. The chain worked smoothly, gas fees went crazy though but no reorgs or 0 blocks etc.

I wonder how the hell is still possible, can't wait for another youtube video explaining how this break the laws of the universe. /s