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Bitcoin Network Congested with Over 560K Unconfirmed Transactions

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Bitcoin Network Congested with Over 560K Unconfirmed Transactions

https://ordiscan.com/inscriptions
thousands of brc-20 sats inscriptions.

this is mostly the reason why there is a long queue waiting for bitcoin blockspace on public mempool https://mempool.space/ : "rare sats".
or, as i would say, fools fomoing to mint BRC-20 tokens in particular ranges of satoshis.

https://docs.ordinals.com/overview.html Ordinals theory started tracking sats, from the coinbase transaction following input to output first-in-first-out.
This enabled fools and collectors to own for example one of the sats used to pay for pizza, or round numbered sats, and a new wave of FOMO apparently started for this, most probably following some twitter clowns that dropped BRC-20 meme tokens deploy and hyped rare sats.

submitted by /u/mnkbstard
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