utxo the webmaster 🧑💻 on Nostr: Why do fees suddenly spike to like 300 sat/vB for these ordinals things then drop ...
Why do fees suddenly spike to like 300 sat/vB for these ordinals things then drop back down right away?
Like specifically why, not just "because degen" - are paying high fees part of the protocol, is it a sudden rush of trading?
Why does the next block become so valuable when they could just wait?
Explain it to me like I pay a monthly fee for a blue check
Published at
2024-10-18 11:49:34Event JSON
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"content": "Why do fees suddenly spike to like 300 sat/vB for these ordinals things then drop back down right away? \n\nLike specifically why, not just \"because degen\" - are paying high fees part of the protocol, is it a sudden rush of trading?\n\nWhy does the next block become so valuable when they could just wait?\n\nExplain it to me like I pay a monthly fee for a blue check ",
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