Inscriptions: The Cure Is Worse Than The Disease
Ever since the infamous Taproot Wizard 4mb block bitcoiners have been alight, fighting to try and stop inscriptions. Inscriptions are definitely not good for bitcoin, but how bitcoiners are trying…
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Ever since the infamous Taproot Wizard 4mb block bitcoiners have been alight, fighting to try and stop inscriptions. Inscriptions are definitely not good for bitcoin, but how bitcoiners are trying…
Much of the discussion about Bitcoin technology lately revolves around various soft-fork consensus changes to the Bitcoin protocol including new opcodes or sighashes or around layer 2 technologies like Lightning.…
This is an opinion editorial by Darin Feinstein, the co-founder and co-chairman of Bitcoin mining firm Core Scientific. The recent surge in transaction volume on the Bitcoin network has sparked…
In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over…
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…
This week, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the…
Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the…
Bitcoin inscriptions have been out for a few more weeks, so we follow up on the fee market and block usage to observe what’s changed after 100,000 inscriptions. The below…