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    Author Topic: Why is the transaction fee and mempool congestion increasing ?  (Read 818 times)
    Sarah Azhari
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    May 09, 2023, 12:00:36 AM
     #61

    As far as I am able to tell, it is a bunch of NFT grifters minting tokens on bitcoin and bloating the mempool.

    My buddy sent me this link. It's all of the "BRC-20" tokens: https://brc-20.io/ and it shows all of the crap that is bidding up the fees.

    I think it's best to just hodl until all of this blows over and we can get back to normal. If yo ave a miner lying around, it might be a good time to get it mining some of these absurd fees.
    Bitcoin is growing up after the update BIP341 and 342, from basic payment (as white paper) to smart contracts like Ethereum Blockchain. The miner are certainly happy, They don't need to worry if halving bitcoin happen multiple time, the miner still can receive bitcoin from confirmed block like today, If I can see, that is even more than a confirmed block. But on another side, that makes a dense network like today, the miner should prioritize the bitcoin transaction 1st over other token brc20 transaction, they know how to filter that from the address (bc1p)
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