DCP on Nostr: I found this thread about the very low bitcoin base layer fees of late to be very ...

I found this thread about the very low bitcoin base layer fees of late to be very helpful to my understanding of what's happening. Thanks, sooly (nprofile…4k20)🙏🏻💖🫂👍
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quoting nevent1q…dnaq

🔸WHY BITCOIN’S MEMPOOL IS CLEAR ? BRUTAL TRUTH 👇🏽

No more congestion… for now.

Bitcoin’s #mempool is clearing out, and it’s not just a random fluke. Several key factors are shaping this moment, but which one had the biggest impact? Let’s break it down #nostr:

✅ Lightning Network Is Holding the Line
While public capacity dipped 7% (now under 5,000 BTC) and channel count declined, routing activity remains strong—#LQWD alone processed 1.15M transactions with 978 BTC routed. Despite mixed signals, Lightning is still easing on-chain pressure.

✅ SegWit, #Bech32 & Batching = Smarter Transactions
• #SegWit keeps ~30-40% adoption, cutting fees by 25-40%. Exchanges like Binance still lag in full adoption despite handling 15% of Bitcoin’s traffic.
• Bech32 addresses now dominate (~65% of new Bitcoin wallets), slashing transaction sizes by 18-25%. Even old-school wallets from 2012-2013 moved $42M into Bech32 last month.
• Batching is crushing fees—@strike cut costs by 50-70%, and #Coinbase batches 90%+ of withdrawals.

✅ Miners Got Ruthless
December 2024 was brutal, with block confirmation peaking at 162.97 minutes on Dec 21. But by late this month January 2025? It’s down to 32.97 minutes. Miners adjusted. Blocks are moving.

✅ Retail Speculators Are Quiet
Fewer impulsive transactions = less congestion. Many are likely keeping #Bitcoin on exchanges instead of moving it around.

I love this network.



note1k3r…fz96