A Fee Spike Hits the Mempool: What Actually Drives It
Fee spikes are reported as congestion or as distress. They are an auction for a fixed quantity of block space, and the bidders are not always who the…
Finance Reporter and Crypto Writer at Bitcoin Logical, based in Australia. She covers breaking industry news alongside the site's educational track — on-chain metrics, protocol fundamentals and practical guides — holding explainer content to the same evidence-first standard as news reporting.
Industry news alongside on-chain metrics, protocol fundamentals and practical guides.
Fee spikes are reported as congestion or as distress. They are an auction for a fixed quantity of block space, and the bidders are not always who the…
Most merchant-acceptance announcements describe a settlement arrangement in which no merchant ever holds Bitcoin and no customer needs to.
Difficulty adjustments are reported as verdicts on miner confidence. They are a thermostat responding to the previous two weeks, and they say nothing…
Public Lightning capacity is a measure of how much Bitcoin is committed to visible channels. It is not payment volume, and it is not the whole…
Realized cap is a genuinely clever idea — valuing each coin at the price it last moved, not at current spot. It is also built on assumptions that…
Active addresses is one of the most-cited on-chain metrics, and one of the most routinely over-interpreted. Here is what it can support as evidence…
Strip away the commentary and Bitcoin is a fairly small idea, executed with unusual discipline: a shared ledger with no operator, whose rules are…
Self-custody removes counterparty risk and replaces it with personal responsibility. Here is how to take that responsibility on carefully, step by…
Mining is often described as "solving complex math problems." It is closer to a lottery with an enormous number of tickets — and that design is…