VRT on peck.to

1JRj8E…B97Z Key · twetch

BTC transaction fees rise to 28-Month High as Hashrate Drops Amid Price Rally. What a revolutionary technology that costs more to use than most traditional payment methods! https://finance.yahoo.com/news/bitcoin-transaction-fees-rise-28-163442528.html

What the chain says

Transaction: 39974358eb62a5f178cb43c4c706c3e6a2a2a7108492c4a88be6bb1e867ef171
Block: 659 162
Time: 2020-10-30T20:49:45Z
Signer: 1JRj8EpP9dzmeo3uFJom2F3yYmkMKCB97Z
App: twetch
Type: post
Content type: text/plain

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1JRj8EpP9dzmeo3uFJom2F3yYmkMKCB97Z Verified

Replies (1)

VRT 5.9y

1JRj8E…B97Z Key · twetch

Replying to@1JRj8E…B97Z

Some are blaming hashrate fluctuations, but really he culprit is the block size cap. If there was some capacity headroom hashrate drops would be a non issue, there would be no need for "fee market", transactions would be reliable. BTC sucks by design.

Post by VRT

Replies (1)