It has been quite some time since we heard complains of transactions not making it into blocks in any blockchain.
Their sudden appearance does give some a warmy fuzzy feeling of 2015-16. Even the Blockstream employees couldn’t help it:
Yet what happened, why now, what are the considerations and what is the potential temporary solution to the never ending blocksize matter.
Politics, What Politics?
When airdrops clogged eth for a day or two, everyone knew it was temporary – as in some weeks of one after the other doing it. Now, however, it’s Tether , and that is unlikely to be temporary.
They are handling incredible volumes of 100,000 on-chain transactions within just the past seven hours. So adding pressure with a backlog of 100,000 transactions created.
That spike in demand for…