Next scheduled rescrape ... in 4 days
Version 1
Last scraped
Scraped on 26/05/2025, 16:36:49 UTC
That's why I said it's a rhetorical question Wink But still, it doesn't make sense: exchanges trick people into withdrawing made-up "wrapped" tokens instead of real Bitcoins, exchanges convince people to keep their Bitcoins on their exchange, but the spammers do all their shit on-chain.
What spam?
Bitcoin mempool is empty for months and number of transactions is slowly but surely decreasing, and you can consolidate almost every day.
People who want to crate spam moved on new altcoin blockchains, so I think even ethereum fees are now much lower.
I don't think he is necessarily talking about today. As currently the mempool is empty for some time, previously it was full for many months all the time for many months. I remember all the fuss about ordinals, and then runes and so on during the last year. I'm not sure whether it will come back as the wider market of these things suffered massive losses after this period of activity and spam. However, I don't think that we will lack in subsequent "innovations" of these things in the future.

Anyway the point stands that there is no reason to do everything on chain.

Back ontopic: today's a good time to consolidate at the absolute minimum of transaction fees again Smiley
If only all major services always paid attention to this.  Smiley
Original archived Re: [May 2025]Fees are low, consider Consolidating your small inputs @1.00 sat/vbyte
Scraped on 26/05/2025, 16:31:59 UTC
That's why I said it's a rhetorical question Wink But still, it doesn't make sense: exchanges trick people into withdrawing made-up "wrapped" tokens instead of real Bitcoins, exchanges convince people to keep their Bitcoins on their exchange, but the spammers do all their shit on-chain.
What spam?
Bitcoin mempool is empty for months and number of transactions is slowly but surely decreasing, and you can consolidate almost every day.
People who want to crate spam moved on new altcoin blockchains, so I think even ethereum fees are now much lower.
I don't think he is necessarily talking about today. As currently the mempool is empty for some time, previously it was full for many months all the time. I remember all the fuss about ordinals, and then runes and so on during the last year. I'm not sure whether it will come back as the wider market of these things suffered massive losses after this period of activity and spam.

Anyway the point stands that there is no reason to do everything on chain.

Back ontopic: today's a good time to consolidate at the absolute minimum of transaction fees again Smiley
If only all major services always paid attention to this.  Smiley