Post
Topic
Board Bitcoin Discussion
Re: Ordinal blockchain irking me, causing almost $40 median fee now...
by
blckhawk
on 22/12/2023, 07:56:38 UTC
It's a pain, but the only option is to wait. Consolidating multiple small inputs have been impossible impractical since October and looms to remain so for sometime more. It's ridiculous the amount of fees paid on regular transactions, much less one with lots of inputs.

If you're in a hurry, try using a transaction accelerator and a lower fee (above the minimum for the mempool now).
That's not the option that people like me can take though, I need to pay some loans and stuff in bitcoin so I can't afford that transaction fee to be higher than the usual when I do transactions. Thankfully, the people that I've owed to are considerate and that they don't mind me not paying for awhile as long as the price of the transaction isn't going to go down. I don't get what's the hype behind these ordinals, I've seen this before shared by my connection in LinkedIn and I've read what it is, can't find the point of the inscriptions and the utility of these, I just hope the miners get tired of all these.