Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so. Bitcoin Ordinals cause fees to spike The Bitcoin (BTC)-native Ordinals protocol is taking up record-breaking space on the blockchain and, in the process, hiking the transaction fees on the network. The…
Read more
13 years ago today, the anonymous creator of the Bitcoin protocol kickstarted the network by mining the genesis block. Satoshi started the genesis block on Saturday, January 3, 2009, at precisely 1:15 p.m. (EST), and since then more than 700,000 blocks have been mined into existence. Kickstarting the Bitcoin Network Today, bitcoiners and cryptocurrency advocates…
Read more
The Big Sats Index reveals that a single McDonald’s burger now costs less than 10,000 satoshis — cheaper than ever before. Gold may buy less and less Bitcoin (BTC) this year, but another measure of the cryptocurrency’s strength has just hit a historic milestone. Data from on-chain analytics service Ecoinometrics shows that on March 17,…
Read more
