In its latest report, BitMEX Research examined how BRC-20 Tokens and Ordinal images are affecting Bitcoin node verification. The study looked at Ordinal-related data on Bitcoin, including the transaction count and data size, to determine their impact on node operators. BRC-20 Tokens Strain Bitcoin Nodes More Than Images The September 8 report revealed that BRC-20 […]
One week before the halving, the Bitcoin network is faced with another wave of hot demand, with some coming from a now familiar source: Ordinals traders. As of Thursday, data from mempool.space shows that Bitcoin users are paying over 90 sats/vByte of block space, placing the average cost of a transaction at $8.50 apiece. Ordinals […]