Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises

Sponsored
Sponsored
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB are now quite common, and demand for Ordinal inscriptions has risen as they have surpassed 65,000 this weekend. Sustained Use of Blocks Larger Than 3 MB Continues on the Bitcoin Blockchain Observers saw history made on Feb. 1, 2023, when Luxor mined the largest block in the Bitcoin blockchain. The record-breaking block (#774,628), measuring 3.96 MB, surpassed

Go to Source
Author: coinmaker

kryptonew

Share
Published by
kryptonew

Recent Posts

Cboe-Backed Group Seeks to Overturn CFTC’s Stock Perpetuals Approval

Key Highlights The Capital Markets Alliance filed a lawsuit on November 3 in the Southern…

2 hours ago

Analyst Details Binance Breach Timeline and Tracks $1.46M in Transfers

Key Highlights On-chain analyst Fabiano (@FabianoSolana) outlined an alleged five-month preparation period behind the October…

2 hours ago

Bullish Expands Equity Tokenization to Solana, Aptos and Ethereum

AI SummaryShowOn November 3, Bullish announced adding Solana, Aptos, and Ethereum to its token‑share platform.Earlier, on…

2 hours ago

GitBook Reports AI-Assisted Cyberattack as Crypto and Web3 Projects Face Credential Risks

AI SummaryShowAttackers leveraged AI agents to exploit undocumented vulnerabilities in GitBook’s infrastructure, gaining unauthorized access…

2 hours ago

Lighter Token Rises 8.8% as Chainlink Expands APAC Data Feeds

Key Highlights LIT traded at $3.35 on November 3 at 16:54 UTC, gaining 8.8% over…

2 hours ago

Sam Altman’s ChatGPT AI Predicts ‘Will Crypto Recover?’

Sam Altman’s ChatGPT AI predicts ‘Will crypto recover?’. When prompted, the OpenAI bot gave an…

5 hours ago

This website uses cookies.

Read More