This weekend, proponents of bitcoin and digital asset enthusiasts have fixated on a striking development: the blockchain’s mempool—a holding zone for pending transactions—has nearly evaporated, while daily transfer volumes have plunged to notable lows. Though many proponents cheer this shift as a sign of operational efficiency, dissenters argue it signals troubling stagnation for the protocol’s […]
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Chain Articles > Blog > Bitcoin > Fewer Transfers, Greater Debate: Bitcoin’s Low Transfer Volume Puts Network Incentives in Question
Fewer Transfers, Greater Debate: Bitcoin’s Low Transfer Volume Puts Network Incentives in Question
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