Bitcoin
mempool
Bitcoin | mempool | |
---|---|---|
906 | 1,591 | |
76,399 | 1,809 | |
1.7% | 6.9% | |
10.0 | 9.9 | |
5 days ago | 5 days ago | |
C++ | TypeScript | |
MIT License | GNU General Public License v3.0 or later |
Stars - the number of stars that a project has on GitHub. Growth - month over month growth in stars.
Activity is a relative number indicating how actively a project is being developed. Recent commits have higher weight than older ones.
For example, an activity of 9.0 indicates that a project is amongst the top 10% of the most actively developed projects that we are tracking.
Bitcoin
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Analyzing Bitcoin Transactions with Lightning Node Insights
Ubuntu/Debian: Install LND: https://github.com/lightningnetwork/lnd/blob/master/docs/INSTALL.md#install-lnd Install Bitcoin Core: https://github.com/bitcoin/bitcoin/blob/master/doc/build-unix.md#linux-instructions
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Simulate your first Lightning transaction on the Bitcoin regtest network Part 1 (MacOS)
To be able to follow along, you must have both bitcoind and lnd installed.
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Generating and Working With ScriptPubKeys in Bitcoin Transactions
As mentioned previously, ScriptPubKeys are scripts that embody the locking conditions of bitcoins in a Bitcoin transaction. They are a crucial element of a Bitcoin transaction that specifies the requirements that must be met before an unspent transaction output (UTXO) is used. The ScriptPubKey, combined with the Amount, creates an output of a Bitcoin transaction. Like every other script, ScriptPubKeys are made up of operators and data. During the encoding of a transaction, both data and the operands are represented in hexadecimal format. You can find the hex representation for all operands used in Bitcoin Scripts here.
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Understanding BTC Software
Which article? Have a look at Luke's CVE and pull request https://nvd.nist.gov/vuln/detail/CVE-2023-50428 https://github.com/bitcoin/bitcoin/pull/28408
- On chain censorship "war" heats up on BTC with a CVE raised against Ordinals
- What are some of the arguments for / against limiting datacarriersize ?
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BTC's Luke Dashjr: '24 Bitcoin Core Update Will Disrupt Ordinals, BRC-20
From github pull request discussion: https://github.com/bitcoin/bitcoin/pull/28408
- Daily General Discussion - December 10, 2023
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Polling The r/Bitcoin Community: Should Bitcoin be JUST a monetary network for P2P Transactions, Or Also a Platform For Content?
See: https://github.com/bitcoin/bitcoin/issues/10494
mempool
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It's costing $188 to move $4.09 of Bitcoin
The submission is a page from r/Buttcoin, a Bitcoin-hater subreddit, with a random screenshot making the $188 for $4.09 complaint.
For those who don't know, Bitcoin on-chain transactions fees are not proportional to the amount sent, and it is common knowledge that $5 on-chain transactions are not practical. There are other solutions for sending smaller amounts.
Fees are currently spiking, but according to mempool.space (as I post this) an average on-chain transaction with ~$10.50 in fees will be confirmed within 30 minutes. See: https://mempool.space for details.
So this is not a very accurate, informative or helpful submission.
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They put up the minimum withdrawal for bitcoin and now I'm sad.
That's about 50$? I don't blame them https://mempool.space/
- ELI5: Wallets, Exchanges, Fees
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BTC's Luke Dashjr: '24 Bitcoin Core Update Will Disrupt Ordinals, BRC-20
get some theory of mind. you are a person who is willing to pay onchain fees to use your trezor or open a channel. there are people in the world who are not willing to pay these fees and they probably outnumber you. and the plan has been spelled out in plain english a million times. the fees are supposed to go up by design. this means that most people will not self-custody, whether it is legal or not, and even if they would like to.
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Meaning of display numbers.
I’m not an expert so someone smarter than me can clarify, but the high/priority rate is the going rate (estimate) to get confirmed on the next block. Medium is the average rate for those transactions to be confirmed next. You can see current and historical rates at mempool.space.
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About Mycelium: Why has my tx fee increased by 1000 times?
The current fee to get into next block is about 40 sats/vB.
- bitcoin transaction fee too high in trust wallet
- Question about fees
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BTC transaction fees, WTF?
Check mempool.space for a better idea of how big a fee you need to offer to get into the next block.
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My First Bitcoin!!!
The mempool is a bit crowed now. A few weeks ago it was only around 5 - 10 cents, and now it is between 3 and 13 dollars. (yesterday even 25 dollar) If you have a lot of UTXO's it can be very expensive to consolidate them all. In that case I would wait till the mempool is less crowed for lower transaction fees. it is important to understand that whirlpool or wasabi wallet will take many UTXO's (transaction fees) to mix your coins and maybe in the future exchanges don't want to touch your mixed coins. I mixed all my KYC coins as I'm not planning to exchange my bitcoin for fiat via a exchange in the future.
What are some alternatives?
umbrel - A beautiful home server OS for self-hosting with an app store. Buy a pre-built Umbrel Home with umbrelOS, or install on a Raspberry Pi 4, Pi 5, any Ubuntu/Debian system, or a VPS.
btc-rpc-explorer - Database-free, self-hosted Bitcoin explorer, via RPC to Bitcoin Core.
BitcoinJS - A javascript Bitcoin library for node.js and browsers.
js-git - A JavaScript implementation of Git.
raspiblitz - Get your own Bitcoin & Lightning Node running - on a RaspberryPi with a nice LCD
PDFKit - A JavaScript PDF generation library for Node and the browser
BTCPay Server - Accept Bitcoin payments. Free, open-source & self-hosted, Bitcoin payment processor.
webtorrent - ⚡️ Streaming torrent client for the web
trezor-firmware - :lock: Trezor Firmware Monorepo
naivecoin - A cryptocurrency implementation in less than 1500 lines of code
electrum - Electrum Bitcoin Wallet