{"id":84956,"date":"2023-09-25T13:08:33","date_gmt":"2023-09-25T10:08:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84956"},"modified":"2025-09-12T20:28:03","modified_gmt":"2025-09-12T17:28:03","slug":"expert-cites-reason-for-bitcoin-mempool-congestion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/expert-cites-reason-for-bitcoin-mempool-congestion\/","title":{"rendered":"Expert cites reason for Bitcoin mempool congestion"},"content":{"rendered":"<p>The Bitcoin mempool has not cleared since mid-April \u2014 at present it contains around 393,000 unconfirmed transactions. This was reported by Glassnode analyst James Check. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> mempool has not cleared since mid April.<\/p>\n<p>This explosion in blockspace demand is actually pretty unique, and this thread is a quick exploration on what is actually going on.<\/p>\n<p>? <a href=\"https:\/\/t.co\/pZDlxLvubH\">pic.twitter.com\/pZDlxLvubH<\/a><\/p>\n<p>\u2014 _Check\u0271ate ?\u26a1?\u2622\ufe0f?\ufe0f (@_Checkmatey_) <a href=\"https:\/\/twitter.com\/_Checkmatey_\/status\/1704747133298163952?ref_src=twsrc%5Etfw\">September 21, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the expert, fee pressure in the network has eased significantly since May. He noted that fees in the blockchain have risen for a bear market, but are far from levels seen in the bull market.<\/p>\n<p>Meanwhile, the dollar-denominated volume of moved bitcoins is approaching a yearly low, Check noted. <\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/ntO-xrD-ZnufXgtrcR7ficufdcuadfVfeHZd-OORtpRw_yJHUAK5aVjRQ9hJQhRj0N5t3PCdYgC0SAP8Hd1Wpq4DlVFmBAy_qSxYqCzxy3s858LHNJTpvJw9o9zp1uHrbsiERliYaU8cfzYchVR8IXY\" alt=\"\u042d\u043a\u0441\u043f\u0435\u0440\u0442 \u043d\u0430\u0437\u0432\u0430\u043b \u043f\u0440\u0438\u0447\u0438\u043d\u0443 \u0437\u0430\u043f\u043e\u043b\u043d\u0435\u043d\u043d\u043e\u0441\u0442\u0438 \u043c\u0435\u043c\u043f\u0443\u043b\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430\"\/><figcaption class=\"wp-element-caption\">Volumes of moved bitcoins. Data: <a href=\"https:\/\/twitter.com\/_Checkmatey_\/status\/1704747144224334186\/photo\/1\">X<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00ab\u0418\u0442\u0430\u043a, \u0443 \u043d\u0430\u0441 \u043f\u0435\u0440\u0435\u0433\u0440\u0443\u0436\u0435\u043d\u043d\u044b\u0439 \u043c\u0435\u043c\u043f\u0443\u043b, \u043f\u0438\u043a\u043e\u0432\u044b\u0435 \u043f\u043e\u043a\u0430\u0437\u0430\u0442\u0435\u043b\u0438 \u0430\u043a\u0442\u0438\u0432\u043d\u043e\u0441\u0442\u0438, \u043d\u043e \u043d\u0438\u0437\u043a\u0438\u0435 \u043e\u0431\u044a\u0435\u043c\u044b \u043f\u0435\u0440\u0435\u0432\u043e\u0434\u043e\u0432? \u041f\u0440\u0438\u0447\u0438\u043d\u0430 \u2014 <a href=\"https:\/\/forklog.com\/en\/news\/what-are-ordinals-and-brc-20-tokens\">Ordinals<\/a>. Bitcoin inscriptions, especially textual ones, currently account for 50% to 60% of confirmed transactions, and this has been the case since mid-April (the mempool has been full since then),\u00bb he explained.<\/p>\n<\/blockquote>\n<p>Ordinals on average occupy only about 10% of the block size by bytes, but account for about 20% of fees.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/9fEHsoHTEi34G4hP16yPT8haH9BqBiYhVqGbBsqGoz3yCP2MnLUmJm8tkMm2__OPeUa4v2rjhXMUpKhLbgeY5_YKlJ6K6oSjNyYHY1j6TKTn02F5O-hD06SwuOIxQIrZ3lY2_rL75sRS3zhBVP6WJXc\" alt=\"\u042d\u043a\u0441\u043f\u0435\u0440\u0442 \u043d\u0430\u0437\u0432\u0430\u043b \u043f\u0440\u0438\u0447\u0438\u043d\u0443 \u0437\u0430\u043f\u043e\u043b\u043d\u0435\u043d\u043d\u043e\u0441\u0442\u0438 \u043c\u0435\u043c\u043f\u0443\u043b\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430\"\/><figcaption class=\"wp-element-caption\">Share of Ordinals transactions. Data: <a href=\"https:\/\/twitter.com\/_Checkmatey_\/status\/1704747147617567026\/photo\/1\">X<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abN\u0430\u0434\u043f\u0438\u0441\u0438 \u0447\u0443\u0432\u0441\u0442\u0432\u0438\u0442\u0435\u043b\u044c\u043d\u044b \u043a \u0432\u044b\u0441\u043e\u043a\u0438\u043c \u043a\u043e\u043c\u0438\u0441\u0441\u0438\u044f\u043c, \u043d\u043e \u0433\u043e\u0442\u043e\u0432\u044b \u043f\u043e\u043a\u0443\u043f\u0430\u0442\u044c \u0434\u0435\u0448\u0435\u0432\u043e\u0435 \u0431\u043b\u043e\u043a-\u043f\u0440\u043e\u0441\u0442\u0440\u0430\u043d\u0441\u0442\u0432\u043e. [\u2026] \u0421 \u0431\u043e\u043b\u0435\u0435 \u0444\u0438\u043b\u043e\u0441\u043e\u0444\u0441\u043a\u043e\u0439 \u0442\u043e\u0447\u043a\u0438 \u0437\u0440\u0435\u043d\u0438\u044f \u043c\u043d\u0435 \u0434\u0435\u0439\u0441\u0442\u0432\u0438\u0442\u0435\u043b\u044c\u043d\u043e \u043d\u0440\u0430\u0432\u0438\u0442\u0441\u044f \u0442\u043e\u0442 \u0444\u0430\u043a\u0442, \u0447\u0442\u043e \u043b\u044e\u0434\u0438 \u043c\u043e\u0433\u0443\u0442 \u043f\u043b\u0430\u0442\u0438\u0442\u044c \u0437\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u0433\u0440\u0430\u0444\u0444\u0438\u0442\u0438\u00bb, \u2014 \u043f\u043e\u0434\u044b\u0442\u043e\u0436\u0438\u043b \u044d\u043a\u0441\u043f\u0435\u0440\u0442. <\/p>\n<\/blockquote>\n<p>At the end of August, the share of Bitcoin-NFT transactions in the network <a href=\"https:\/\/forklog.com\/en\/news\/ordinals-share-in-bitcoin-transactions-reaches-85\">reached 85%<\/a>. Since the protocol&#8217;s launch, <a href=\"https:\/\/ordiscan.com\/\">\u0441\u043e\u0437\u0434\u0430\u043d\u043e 34,6 \u043c\u043b\u043d \u043d\u0430\u0434\u043f\u0438\u0441\u0435\u0439<\/a> with a total volume of 12.9 GB.<\/p>\n<p>Earlier this May, Bitcoin Core developer Luke Dashjr <a href=\"https:\/\/forklog.com\/en\/news\/developer-proposes-banning-brc-20-tokens-and-ordinals\">proposed<\/a> to implement a \u201cspam filter\u201d for tokens of the BRC-20 standard and Ordinals because of their negative impact on the network.<\/p>\n<p>Ethereum co-founder <a href=\"https:\/\/cointelegraph.com\/tags\/vitalik-buterin\">Vitalik Buterin<\/a>, by contrast, <a href=\"https:\/\/forklog.com\/en\/news\/vitalik-buterin-praises-bitcoin-protocol-ordinals\">supported the protocol<\/a> for launching Bitcoin-NFTs, calling its emergence a return to the \u201cculture of creators\u201d in the blockchain of the first cryptocurrency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin mempool has not cleared since mid-April \u2014 it currently contains around 393,000 unconfirmed transactions.<\/p>\n","protected":false},"author":1,"featured_media":84957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1176],"class_list":["post-84956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-ordinals"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=84956"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84956\/revisions"}],"predecessor-version":[{"id":84958,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84956\/revisions\/84958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/84957"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=84956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=84956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=84956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}