sebbunney on Nostr: If you pop over to http://mempool.space (@mempool), you'll notice fees are quoted in ...
If you pop over to
http://mempool.space (@mempool), you'll notice fees are quoted in "sat/vB", which stands for satoshis per byte. Since there are 1,000,000 bytes in a megabyte, and blocks have a maximum size of 4 megabytes, each block has limited space.
🧵3/15
Published at
2024-02-26 20:29:19Event JSON
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"content": "If you pop over to http://mempool.space (@mempool), you'll notice fees are quoted in \"sat/vB\", which stands for satoshis per byte. Since there are 1,000,000 bytes in a megabyte, and blocks have a maximum size of 4 megabytes, each block has limited space.\n\n🧵3/15",
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