Monetary Transfers Readily Displace Inscriptions on Bitcoin, Glassnode Reveals


Monetary Transfers Readily Displace Inscriptions on Bitcoin, Glassnode RevealsOrdinal inscriptions have quickly consumed Bitcoin’s available block space since their debut last year, a study by blockchain analytics firm Glassnode found. These text and image files act as “packing filler,” filling any remaining space in blocks after higher-value transactions are added, the study showed. Bitcoin’s Block Space: Monetary Transfers Overpower Inscriptions Though there’s been […]