Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode By Cointelegraph
[ad_1]
© Reuters.
Despite concerns that Ordinals are clogging the network, there is little evidence to suggest inscriptions are taking blockspace away from higher-value Bitcoin (BTC) monetary transfers.
“There is minimal evidence that inscriptions are displacing monetary transfers,” on-chain analytics firm Glassnode explained in a Sept. 25 report.
More inscriptions means more revenue — but there’s a catch
Continue Reading on Coin Telegraph
[ad_2]
Source link
© Reuters.
Despite concerns that Ordinals are clogging the network, there is little evidence to suggest inscriptions are taking blockspace away from higher-value Bitcoin (BTC) monetary transfers.
“There is minimal evidence that inscriptions are displacing monetary transfers,” on-chain analytics firm Glassnode explained in a Sept. 25 report.
More inscriptions means more revenue — but there’s a catch
Continue Reading on Coin Telegraph
About The Author
