Bitcoin inscriptions have been out for a few more weeks, so we follow up on the fee market and block usage to observe what’s changed after 100,000 inscriptions.
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Addressing Bitcoin Decentralization & Block Space Concerns
New users have been flocking to Bitcoin to create what are known as inscriptions — often called NFTs (non-fungible tokens) on other blockchains. These mostly image files were increasing demand for Bitcoin block space, which caused some network participants to worry about Bitcoin’s future decentralization. If the cost to run a full node increases substantially due to users needing the storage space and bandwidth to download all this data that is unrelated to monetary transactions, fewer people might run full
We współpracy z: https://bitcoinmagazine.com/technical/ordinal-concerns-bitcoin-decentralization-and-block-space
