Bitcoin Ordinals haven’t wrestled blockspace from cash TXs: Glassnode

Regardless of issues that Ordinals are clogging the community, there may be little proof to counsel inscriptions are taking blockspace away from higher-value Bitcoin (BTC) financial transfers.

“There’s minimal proof that inscriptions are displacing financial transfers,” on-chain analytics agency Glassnode defined in a Sept. 25 report.

Extra inscriptions means extra income — however there’s a catch

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