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Why was there a jump in transactions per block in 2023?

Moussa by Moussa
March 17, 2024
in Bitcoin
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peer discovery – how to obtain the IP addresses of nodes for mining pools?
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The blame is on BRC-20, a terribly inefficient token protocol built on Ordinals that saw a lot of use during that time. BRC-20 requires a huge number of small transactions, which drives down the average transaction size and consequently increases the number of transactions per block.



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