やトナ on Nostr: I’m old enough to remember when Casey Rodamor said the mempool would never clear ...

I’m old enough to remember when Casey Rodamor said the mempool would never clear again after he invented ordinals & inscriptions

quoting
nevent1q…ks5j

Mempool cleared at blocks 777653, 77654, & 77655



The block fees didn't get very expensive overall with the ordinals drama. A lot less that the spike in Nov 2022 with the FTX & Binance drama.

The ordinals drama also happened to coincide with Binance's routine consolidation dumping.

Majority of txs were < 2 sat/vB (pink).





At it's peak, the avg tx fees were ~5-6 sat/vB, compared to the avg spiking to ~12-15 sat/vB in Nov.