Bitcoin’s mempool spikes over 600% in last 24 hours
Bitcoin's mempool has spiked over 600% in the last 24 hours. The Bitcoin mempool is the pool of unconfirmed Bitcoin transactions on the Bitcoin network. Once a Bitcoin transaction occurs on Bitcoin’s blockchain, it is not immediately added. Instead, it goes into this pool of in-motion transactions where it waits for confirmation. The mempool size was previously around 15MB before jumping to over 90MB in the span of a few hours. Is the Bitcoin network under attack? Is it being spammed? Or has a new organisation found brand new utility for the Bitcoin blockchain? 600% rise Looking at the mempool chart above, courtesy of blockchain.info, you can clearly see the sudden spike felt earlier today. At first glance, one mightThe post Bitcoin's mempool spikes over 600% in last 24 hours appeared first on Coin Rivet.