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0 sats \ 3 replies \ @0xbitcoiner 22 May \ on: What is going on with fees? Chance to consolidate UTXOs 🧐 bitcoin_beginners
The explanation is easy: little demand for block space. I know people need to know why, but after many years I've come to the conclusion that there's no point. It's better to keep things simple and focus on what you can control.
So in other words there are currently less people wanting to transact on the mainchain?
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It doesn't mean there are fewer people, it means there are fewer high-priority transactions.
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Thanks. 🙏
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