Bitcoin Ordinals’ adoption, utilization, memory usage drop

Bitcoin Ordinals’ adoption, utilization, memory usage drop
фото показано с : cryptoslate.com

2023-2-21 20:04

Quick Take Since introducing Ordinals and inscriptions in January 2023, Bitcoin block space, usage, and transactions have grown exponentially. Last week, the 100k Ordinal was inscribed, which shows the traction that Ordinals picked up. However, data suggests the numbers are starting to reverse. Taproot adoption and utilization have dropped by half; adoption is now less than 9%, while utilization is roughly around 3%. As of Feb 10, the memory usage in Bitcoin exceeded over 300MB; priority fees were 21sat/vB. However, the memory usage has now cleared to roughly 88MB, with only 8sat/vB for high priority, which shows the demand is drying up from Ordinals. Feb 10. Memory Usage: (Source: mempool. space) Memory Usage Feb 20: (Source: mempool. space) Taproot Adoption: (Source: Glassnode)

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bitcoin usage ordinals adoption drop memory utilization

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