Post
Topic
Board Bitcoin Discussion
Re: Network jam.
by
a8832021
on 15/04/2024, 13:50:37 UTC
The network isn't jammed, technically it's a congestion which increases the feerate that you're seeing. Transactions are still being confirmed at the average time expected.

Whatever the use of ordinals, I do not believe it's worth the fees people are willing to pay for it and the ripple effect it has on other holders is very high. They have to use competitive fees if they want their transaction confirmed in priority time, or try accelerators.
Now I find these transactions are not similar to the inscription transactions. Each contains an OP_RETURN and don't contain inscription input script.Such as tx 2fba544577b42e90fdae8379cf821314a73986ad6d7183c80ffdf2ce5be27e6f.