Low Bitcoin and Ethereum fees may not necessarily be good news
Bitcoin and Ethereum users are experiencing exceptionally low fees, but why? Go to Source
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Bitcoin’s Ordinals, Runes key to solving the mining subsidy problem: ViaBTC
Each Bitcoin halving sees Bitcoin miners rewarded with a smaller block subsidy, but ViaBTC is optimistic that innovative Bitcoin applications will more than cover these needs, as Satoshi Nakamoto envisioned. Go to Source
Bitcoin L2s set to explode as Runes congest BTC network
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions. Go to Source
Bitcoin user pays $3.1M in transition fee for one 139 BTC transfer
A Mempool developer suggested that the user behind the transfer might not be aware of the non-cancellation of replacement fees policy, resulting in an accidental $3.1 million transaction fee. Go to Source
Bitcoin miner mulls refunding 20 BTC reward to Paxos
Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.” Go to Source
Ordinals and BRC-20 will disappear in a matter of months, JAN3 CEO says
The hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow. Go to Source Powered by WPeMatico
Arbitrum’s DAO to receive over 3,350 ETH revenue from transaction fees
Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum’s team and its community. Go to Source Powered by WPeMatico
Memecoin hype drives Bitcoin transaction fees to multi-year highs
Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from the all-time high levels. Go to Source Powered by WPeMatico
Ethereum gas fee jumped due to memecoin frenzy with mixed comments on network usability
Ethereum proponents celebrated the growth in daily revenue, while many others pointed toward network congestion and difficulty in usage. Go to Source Powered by WPeMatico
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just … Read more
