As the primary holding area for unconfirmed Bitcoin transactions, the mempool offers vital insights into the network’s operational status. High fees within the mempool typically signal increased network activity and potential congestion, impacting transaction processing times and user costs. There has been a notable increase in both the number of transactions and the total size […]
Mempool overload leads to skyrocketing Bitcoin transaction costs Mempool overload leads to skyrocketing Bitcoin transaction costs
Transaction backlog and fee inflation mark Bitcoin's network challenges amid rising popularity of Inscriptions.
3 min read
Updated: Nov. 17, 2023 at 1:38 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
