Skipper on Nostr: We toxic #bitcoin maxis were right. The mempool has remained at approximately 2 ...
We toxic #bitcoin maxis were right.
The mempool has remained at approximately 2 sat/vB for an extended period. Nearly every block at the moment includes transactions with 1 sat/vB fee.
The number of unconfirmed transactions is steadily decreasing—currently around 60K.
Most transactions over the past year (and still to this day) were inscriptions, ordinals, or other data-related shitcoinery.
Given these statistics, 4MB blocks are proven sufficient.
The retards who advocated for larger block sizes were wrong, and the dumbfucks who demanded censoring valid transactions (inscriptions and ordinals) were also wrong.
Bitcoin was fine without any changes.
Most people complaining(crying) about on-chain fees did not run their own Lightning nodes with adequately funded channels, and most likely aren't preparing themselfs now before fees rise up again.
The mempool has remained at approximately 2 sat/vB for an extended period. Nearly every block at the moment includes transactions with 1 sat/vB fee.
The number of unconfirmed transactions is steadily decreasing—currently around 60K.
Most transactions over the past year (and still to this day) were inscriptions, ordinals, or other data-related shitcoinery.
Given these statistics, 4MB blocks are proven sufficient.
The retards who advocated for larger block sizes were wrong, and the dumbfucks who demanded censoring valid transactions (inscriptions and ordinals) were also wrong.
Bitcoin was fine without any changes.
Most people complaining(crying) about on-chain fees did not run their own Lightning nodes with adequately funded channels, and most likely aren't preparing themselfs now before fees rise up again.