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Total Bitcoin Inscriptions count approaches 10M

May 29, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Fast Take

The whole Bitcoin Inscription rely is approaching 10 million – at present 9,574,192.
Inscriptions are the metadata added onto Bitcoin Satoshis through the Witness portion of a Bitcoin transaction. The metadata can relate to textual content, photos, video, and so on., however is restricted to about 4 MB.
The second chart beneath exhibits text-based Inscriptions make up nearly all of New Depend Inscriptions.
The present run fee of Inscriptions is roughly 200,000 per day; this determine has noticeably fallen off all through Might – suggesting a rising reluctance to pay charges.

Inscriptions: (Source: Glassnode)
Inscriptions: (Supply: Glassnode)
Inscriptions: (Source: Glassnode)
Inscriptions: (Supply: Glassnode)

The put up Whole Bitcoin Inscriptions rely approaches 10M appeared first on CryptoSlate.

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