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Category block-space

MainNewsblock-space
Bitcoin Fork Discussions Surface Over Block Space Constraints and Ordinals 

Bitcoin Fork Discussions Surface Over Block Space Constraints and Ordinals 

While no formal announcement has been made, murmurs of a potential Bitcoin fork are emerging amidst discussions on block space, Ordinal inscription...
Monetary Transfers Readily Displace Inscriptions on Bitcoin, Glassnode Reveals

Monetary Transfers Readily Displace Inscriptions on Bitcoin, Glassnode Reveals

Ordinal inscriptions have quickly consumed Bitcoin’s available block space since their debut last year, a study by blockchain analytics firm Glassn...
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn

As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn

Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second m...
Bitcoin’s Transaction Backlog Surges Past 400,000

Bitcoin’s Transaction Backlog Surges Past 400,000

A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the averag...
Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%

Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%

On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. Ho...