Quick Take Since introducing Ordinals and inscriptions in January 2023, Bitcoin block space, usage, and transactions have grown exponentially. Last week, the 100k Ordinal was inscribed, which shows th...
Tag: Utilization
Bitcoin Taproot Utilization Hits New ATH, Thanks To Ordinals
Data shows that Bitcoin taproot utilization has now hit a new all-time high, thanks to the emergence of Ordinals on the network. Bitcoin Taproot Utilization Hits New All-Time High Of 4.2% According to...
Utilization Of Blockchain In Varied Industries
The inability to keep track of global links creates unnecessary and wasteful issues for both the buyer and seller. And talking about Bitcoin investment, you can also start investing in Bitcoin through...
Upbit Discloses Terra Transaction Fees Utilization Plan
6 hours ago | 2 mins read Exchange News Upbit’s Luna Fee Utilization Committee has agreed to split transaction fees. A white paper explaining what led to the LUNA problem is part of the near-term agen...
AAVE Utilization Drops To Record Lows; Will It
Crypto intelligence platform Messari in a new report about decentralized finance (DeFi) protocol Aave, delves into details about the firm’s revenue and utilization in Q1 and Q2 of this year. Stablecoi...
Binance ETH Gas Fee Utilization On The Rise Again, What Does It Mean?
Following a record low of Ethereum gas fees, crypto exchange Binance is at it again to make the most out of it. On Tuesday, the exchange’s management confirmed that high utilization of Ethereum (ETH) ...
Binance Reports Massive Ethereum Gas Fee Utilization, Here’s Why
While the world’s first cryptocurrency, Bitcoin, has lost its grip over the important price level of $22,000, the lead altcoin, Ethereum, to has suffered a pullback. Recently, Ethereum had made a mont...
Cardano Network Stands Near 60% Under Utilization, Data Finds
Tomiwabold Olajide IOHK has increased block-size limit twice this year to allow for more transactions per block At present, the Cardano network is utilizing, on average, about 40% of its capacity. Thi...
Elrond’s future after ICI Bucharest utilization
Elrond EGLD/USD is a blockchain protocol that offers high transaction throughput and speed due to the fact that it utilizes sharding. The blockchain has a native cryptocurrency token that’s dubbed eGo...
HashStack Addresses DeFi Loan Collateralization Inefficiences And Improves Asset Utilization
Hashstack aims to disrupt and improve the appeal of decentralized borrowing and lending. Users can access under-collateralized loans through its Open Protocol at a 1:3 collateral-to-loan ratio. It is ...