cryptonews
2023-09-27 08:54:00

BTC Ordinals Craze Puts Miners in Dilemma: Glassnode

A new Glassnode report says that Bitcoin (BTC) Ordinals are not displacing monetary transfers despite concerns of network clogging. In a Sept 25 release, on-chain analytics firm Glassnode explained the role of BTC inscriptions on the network, their impact in competition with other transactions, and how they shape the mining industry. According to the report, there is minimal evidence that Ordinals are displacing high-value transactions as many community members believe. ... Read More: BTC Ordinals Craze Puts Miners in Dilemma: Glassnode

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