In a significant move towards transparency, El Salvador’s National Bitcoin Office (ONBTC) has announced the launch of its own mempool space. This development allows anyone to view the country’s bitcoin treasury holdings. The initiative is supported by Mempool, which revealed it has provided a custom instance of The Mempool Open Source Project for the ONBTC. […]
On Saturday, Dec. 16, 2023, Bitcoin’s transaction fees spike to a high of $ 40 per transaction at 1:48 p.m. Eastern Time. The jump in onchain fees surpassed the high reached on May 8, 2023, when the average transfer cost topped $ 31 per transfer. Skyrocketing Bitcoin Fees Surpass $ 40 Bitcoin …
Over the last fortnight, the quantity of unconfirmed bitcoin (BTC) transactions has consistently exceeded the 500,000 mark, nearly touching 700,000 on September 6, 2023. Metrics indicate that Bitcoin’s mempool, a shortened term for “memory pool,” has not completely cleared in more than four months, dating back to April 22, 2023. Bitcoin’s Backlog Swells: Unconfirmed Transactions […]