The jump follows risng introduction here the Bitcoin Request for Comment BRC token standard, digital assets and the future of money.
Monday saw overunique inscriptions on the Bitcoin blockchain, adding to the feez bitcoin in lifetime fees generated from Ordinals activity, with the remaining being applications or tokens. CoinDesk journalists are not allowed to purchase stock outright in DCG. Follow shauryamalwa on Twitter. Head to consensus? Bitcoin Ordinals NFTs! That spurred a collection of digital artwork and meme tokens built on Bitcoin.
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Transaction fees on the Bitcoin network have doubled in the past two weeks, going from $ on January 29 to a high of $ on February The total fees paid for Ordinal inscriptions topped BTC, around $ million on Tuesday, according to a Dune Analytics dashboard. "Miners are of course key beneficiaries of this influx, seeing their total revenue spike up to $M/day. This week, miner revenues have lifted.