Thread - Nostr Hypermedia

Tauri | Bitcoin-BLAKE2b tauri@mynostr.com 14 hours ago

Looks like Jimmy was on to something with this prediction. See for yourself:

~270,000 txs in the backlog with massive fees piling up by the hour. Fee rate estimate for the next block is between 7 and 115,000 sats/vB lol. Meanwhile the fees on the Poolcoin chain are below 1 sat/vB. View quoted note →

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Replies (5)

High on Bitcoin ppatelnz@nostr.com 14 hours ago

Thank you. Interesting reading during this time

Lord Wilmore 14 hours ago

This is because BIP-chainers are encouraging each other to send their funds to themselves in order to create transactions and stimulate demand for the miners. Plus, how do you spend your coins on one chain without transferring them on the other as well?

1 replies ↓

Tauri | Bitcoin-BLAKE2b tauri@mynostr.com 14 hours ago

Uncharted waters here folks. We’re writing history. View quoted note →

3 replies ↓

Jack K jackk@primal.net 12 hours ago

Create an op_return that BIP110 nodes ignore. This will ensure your tx is only on the core chain.

Anonymous 10 hours ago

Increased fees just makes it harder for plebs to use as actual money.