Bitcoin
Our monthly Bitcoin review. Once again, notice what happens after 50% of the Bitcoin miners declared bankruptcy. Those average confirmation time spikes are transactions which timed out after 14 days trapped in the mempool queue. See how those spikes keep coming now? Bitcoin has been dropping around 1% of transactions
broward horne
It looks like Bitcoin's mempool is now permanently at 250K+ queued transactions, which means about 2% of transactions are expiring unexecuted.
I pulled up my data from one year ago to compare...
Average daily transaction was 546K in the same period, so we can calculate the sustainable bandwidth at (546K - 22K) = 524K with a 4.2% loss rate.
Here's the average transaction rate since the Nov 5th election from ycharts
546K, almost identical to one year ago, but it looks like the Bitcoin developers or miners are buffering extremes better so it's only losing around 2% of its transactions now but up from the 1% rate of the past six months.
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