Cybercriminals are leaving no stone unturned in their quest to illegally acquire Bitcoin. From hacking exchange platforms to ransomware as well as …
Google Alert – bitcoin
After seeming to be outright hostile to incorporating Cashaddr, a way to distinguish easily between bitcoin core and bitcoin cash addresses, popular hardware cold storage wallet company Trezor confirmed its integration is on the way.
Also read: Crypto History Part 1: 400 Million Billion Billion, Beer, and a Murderous Plot
Cold Storage Wallet Maker Trezor to Integrate…
In January there were 14,000,000 addresses containing 0.001 BTC or less. Now there are around 10,500,000.
Low fees have prompted a huge amount of defragging, much of it at 1 sat/byte: this one for example consolidating tiny 824 satoshi dust particles.
The UTXO has consolidated from 67.5 million to 55 million. At a rough guess, for the last several weeks about a quarter of daily volume (by MB) has been this ‘backlog’ of defragging (backlog from when high fees made it too expensive). Consolidating 12.5 million bits of dust at 148 bytes per input fills getting on for 2,000 blocks – almost 2 weeks’ worth of traffic.
When the defrag backlog is done, and now we have segwit and batching, transacting at 1 sat/byte knowing you’ll get into the next few blocks could become the norm again.
submitted by /u/factualisimus
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