mutatrum on Nostr: Inscription madness. Several blocks full of consolidation transactions, arpund 150 ...
Inscription madness.
Several blocks full of consolidation transactions, arpund 150 transactions fill a block:
They all consolidate 250 UTXOs of 294 sats each, but even with 1.78 sat/vB, they burn 40% on the transaction fee. Spend 30k to salvage 43k sats. Times many, many transactions.
I counted at least 500 of these transactions, but maybe many, many more, as I didn't dig into the rest of the mempool.
Oh well, miners be happy.
Several blocks full of consolidation transactions, arpund 150 transactions fill a block:
They all consolidate 250 UTXOs of 294 sats each, but even with 1.78 sat/vB, they burn 40% on the transaction fee. Spend 30k to salvage 43k sats. Times many, many transactions.
I counted at least 500 of these transactions, but maybe many, many more, as I didn't dig into the rest of the mempool.
Oh well, miners be happy.