03:49 am

Tag: Mempool

Bitcoin Mempool is Virtually Empty as Community Anticipates Scaling Resolution No Comments

Over the past few months, we have seen multiple issues affect the Bitcoin network. More specifically, network congestion has been a massive problem so far. Interestingly enough, it appears the Bitcoin transaction mempool is nearly empty right now. Not too long ago, we had around 200,00 unconfirmed transactions stuck in limbo for several days. With the end of the scaling debate nearing, it seems th...

Bitcoin Network Hits Another Snag As Number of Unconfirmed Transactions In Mempool Rises To Nearly 200,000 No Comments

Bitcoin network congestion has almost become a weekly trend as of late. Not too long ago, around 160,000 transactions were awaiting confirmation. It appears that issue has not been entirely resolved since then. In fact, there are close to 200,000 transactions in the mempool right now. All of this goes to show something will need to change for Bitcoin. It is nowhere near mainstream-ready by now, th...


Bitcoin Miners Take Sides amid Increasing Backlogs and Rising Fees No Comments

The Bitcoin community is getting impatient of Bitcoin Core. Thanks to delayed transactions and increasing Bitcoin miner fees. The digital currency has been suffering from mempool backlogs for some time now. Bitcoin transactions in many cases are taking as long as 24 hours to receive confirmations in the current scenario. These unresolved issues, which has been around for years now has got Bitcoin ...

NewsBTC Bitcoin Mempool Congestion

Bitcoin Network Congestion Intensifies With Over 90k Transactions In Mempool No Comments

The bitcoin mempool has suffered from several backlogs over the past year. In most cases, these issues were alleviated briefly afterward. Right now, over 90,000 bitcoin transactions are waiting for network confirmation. It has been a while since that number was so high, indicating scaling is an absolute must right now. More congestion looms on the horizon yet again. There are only so many trans...

bitcoin price

Spamming Continues on Bitcoin Network, Delays Transactions No Comments

The Bitcoin network seems to be under attack again. The digital currency transactions were partially clogged yesterday by what is suspected to be a spamming attempt. As a result, there were reportedly 30,000 transactions queued up in the mempool, awaiting confirmation. Every time the Bitcoin network comes under attack, it renews the debate on block size and scalability. However, no solid a...

Bitcoin Mempool Fees

New Bitcoin Mempool Backlog Crisis Has Been Averted, For Now No Comments

The past 24 hours have been somewhat turbulent for the Bitcoin ecosystem. With the number of unconfirmed transactions surpassing the 43,500 mark just over a day ago, things weren't looking great. But it looks like the mempool is showing signs of a desperately needed decline in unconfirmed transfers. Another stark warning that the scalability of Bitcoin needs to be addressed today rather than tomor...