Block Space – DIGIT INFO

Bitcoin miners raked $184M in fees in Q2, surpassing all of 2022

DIGIT — Thu, 06 Jul 2023 02:45:04 +0000

It’s been one of the most lucrative quarters for those that profit from Bitcoin transaction fees in nearly two years.

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

DIGIT — Thu, 11 May 2023 14:15:04 +0000

On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion has been clearing, resulting in a significant reduction in onchain fees, which have now dropped below $5. As of now, there are only slightly over […]

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Bitcoin ‘under siege’ by BRC-20 coins with soaring fees, claims analyst

DIGIT — Wed, 10 May 2023 05:07:15 +0000

Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.

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‘Bitcoin is not under attack:’ BTC maxis allay fears of a DoS offensive

DIGIT — Mon, 08 May 2023 04:39:06 +0000

Concerns circulated on Crypto Twitter of a denial of service (DoS) attack on the Bitcoin network.

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Btcpay Introduces New Coinjoin Plugin for Enhanced Bitcoin Privacy for Merchants

DIGIT — Tue, 28 Feb 2023 06:30:44 +0000

On Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy enhancement. By activating the newly launched plugin, all the funds that merchants receive and send will be coinjoined, or mixed together with […]

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Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode

DIGIT — Tue, 14 Feb 2023 02:22:27 +0000

Glassnode noted that this is the first time in Bitcoin history where the network has been used for purposes other than for monetary purposes.

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Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain

DIGIT — Sat, 04 Feb 2023 19:00:13 +0000

During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal inscriptions on the Bitcoin blockchain. Ordinal Inscriptions on Bitcoin Blockchain Spark Debate Among Crypto Community The controversial NFT concept […]

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Ordinals protocol sparks debate over NFT’s place in the Bitcoin ecosystem

DIGIT — Mon, 30 Jan 2023 06:30:00 +0000

The community has been divided as to whether the NFT-like “digital artifacts” are the right fit for the Bitcoin ecosystem.

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