Tags: Mempool

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.

Amid a spike in Bitcoin transaction costs, cryptocurrency exchanges are taking measures to serve their clients properly.

Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.

Bitcoin mempool was clogged with over 400,000 transactions waiting to be processed on May 7.

Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from the all-time high levels.

While the Bitcoin hash rate briefly touches new highs, Bitcoin Ordinals are a contributing factor to daily transactions exceeding 500,000.

Don‘t be fooled by its emptiness: Block 776,339 plays as important a role as busier blocks in the Bitcoin blockchain.