TomerStrolight on Nostr: “In the year 2023, when the blockheight was still under 800,000, people could ...
“In the year 2023, when the blockheight was still under 800,000, people could inscribe meaningless images on the blockchain for a cost lower than the sats they could earn in an hour. Hundreds of millions of sats were spent this way.
Today, the wealthiest dynasties reserve this form of lavish expenditure only for their most auspicious events.”
- Encycolpedia Nostricca, as of block 9 million
Published at
2023-02-06 16:57:25Event JSON
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"content": "“In the year 2023, when the blockheight was still under 800,000, people could inscribe meaningless images on the blockchain for a cost lower than the sats they could earn in an hour. Hundreds of millions of sats were spent this way. \n\nToday, the wealthiest dynasties reserve this form of lavish expenditure only for their most auspicious events.”\n\n- Encycolpedia Nostricca, as of block 9 million",
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