mempool
bips
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mempool | bips | |
---|---|---|
1,591 | 1,282 | |
1,725 | 8,905 | |
4.9% | 1.8% | |
9.9 | 6.8 | |
6 days ago | 5 days ago | |
TypeScript | Wikitext | |
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.
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.
bips
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Understanding and avoiding visually ambiguous characters in IDs
Modern bitcoin addresses use a base-32 character set that leaves out some of the most ambiguous pairs and also permutes the address ordering so that the most visually similar remaining characters produce single bit errors which are better handled by the addresses error detecting (and potentially correcting) code.
https://github.com/bitcoin/bips/blob/master/bip-0173.mediawi...
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Bitcoin Block 840000
Context: Bitcoin miners have just adopted a 50% pay cut for themselves. This pay cut was baked into Bitcoin protocol at the launch of the network (mostly, see "BIP 42" [1]). The OP link gives information about the block in which this pay cut was made.
I get that HN comments tend to dismiss Bitcoin. But the fact that for the fourth time this pay cut has happened without a hitch speaks volumes to what makes Bitcoin interesting: It's a rare combination of economic incentives and technology that keeps chugging. Nobody can stop it. And it's extremely resistant to change. It requires no governmental approval. All attempts at subversion or interference have failed. There aren't many things that come close to that kind of record.
[1] https://github.com/bitcoin/bips/blob/master/bip-0042.mediawi...
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Generating and Working With ScriptPubKeys in Bitcoin Transactions
Bitcoin transactions involve locking funds in scripts, which can only be spent if those locking conditions are met. The part of the script that expresses these locking conditions are called ScriptPubKeys. On the other hand, the part that provides unlocking scripts to satisfy the locking conditions is referred to as ScriptSig for legacy transactions, and ScriptWitness for SegWit Transactions. These scripts are evaluated by a stack-based language called Script. This article will mainly focus on ScriptPubKeys.
- Blue Wallet and seed phrases
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Nano S seed compromised?
Here’s the reference https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki
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Do you use 12 - 24 words?
There are 5 271 537 971 301 488 476 000 309 317 528 177 868 800 possible permutations of the bip39 wordlist found here: https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt when using 12 word seeds. You probably have better change to win the lottery every week for the rest of your life than cracking a 12 word seed in correct order
- 24 words
- Creating a custom Bip39 brain wallet
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SEC Charges Kraken for Operating as an Unregistered Securities Exchange
No one controls Bitcoin, because it's a protocol. Bitcoin Core is the reference implementation, but there are others, and anyone can create new implementations if they wish. Also, the Bitcoin Core maintainers can't just change something on a whim, because users would then switch to another fork. Maintainers (or miners or other groups) can't force their changes on users, because everyone can decide on their own which version they want to use.
The protocol development happens through BIPs (Bitcoin improvement proposals): https://github.com/bitcoin/bips
BIPs are discussed for years, before (and if) they are implemented, and basically everyone needs to agree on them, because no one wants to fork the blockchain, which could be devastating.
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Recover Cool Wallet seed to a Ledger?
All the seeds generated from the CoolWallet (Number / Word) adhere to the BIP-39 protocol.
What are some alternatives?
btc-rpc-explorer - Database-free, self-hosted Bitcoin explorer, via RPC to Bitcoin Core.
brainflayer - A proof-of-concept cracker for cryptocurrency brainwallets and other low entropy key algorithms.
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.
P2P-Trading-Exchanges - Person-to-Person bitcoin Trading Exchanges
raspiblitz - Get your own Bitcoin & Lightning Node running - on a RaspberryPi with a nice LCD
solidity - Solidity, the Smart Contract Programming Language
BTCPay Server - Accept Bitcoin payments. Free, open-source & self-hosted, Bitcoin payment processor.
EIPs - The Ethereum Improvement Proposal repository
trezor-firmware - :lock: Trezor Firmware Monorepo
bip39 - A web tool for converting BIP39 mnemonic codes
electrum - Electrum Bitcoin Wallet
solana - Web-Scale Blockchain for fast, secure, scalable, decentralized apps and marketplaces.