Ninjastic
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Re: Mempool Observer Topic
by
ABCbits
on 22/03/2024, 10:31:55 UTC
⭐ Merited by JayJuanGee (1) ,vapourminer (1)
Quote from: nutildah on Today at 02:37:44 AM
Quote from: alani123 on March 21, 2024, 11:02:20 PM
Quote from: NotATether on March 21, 2024, 12:07:31 PM
Um I realize I am very late to this but how tf did fastestfee go all the way up to 50+ sats/vb a few days ago? Huh
Probably some new ordinal drop or a BRC drop?
There's so many of these it's hard to keep track. It's like the shitcoin craze of 2013 or the ICO bubble of 2017.
Yes it was the whole Runes launch by Rodarmor. He got bored with Ordinals and invented a new ordinals-like system... Seems like he's just trying to milk a cash cow by this point. I suspect this fad will be even more short-lived than Ordinals.

Have anyone see it's technical detail[1]? While ordinals use witness data and UTXO, runes use UTXO and OP_RETURN which create only slightly less bloat. And while ordinals idea looks fresh at it's time, both ordinals and runes looks outdated as Bitcoin sidechain/L2 gaining popularity. So yeah, i hope Runes lose it's popularity quickly.

[1] https://rodarmor.com/blog/runes/