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
11/17/2023 20:40
Bitcoin users face escalating costs in November as network congestion due to Inscriptions intensifies in the mempool.
Mempool overload leads to skyrocketing Bitcoin transaction costs 40 seconds ago · 3 min read
Transaction backlog and fee inflation mark Bitcoin's network challenges amid rising popularity of Inscriptions.
3 min read
Updated: November 17, 2023 at 1:38 pm
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.