Grayscale Suggests Bitcoin Ordinals Could Boost Development and Mining Fees

05/01 02:41

Cryptocurrency investment firm Grayscale suggests that Bitcoin Ordinals, also known as Bitcoin NFTs, could boost development and mining fees in the Bitcoin ecosystem. Grayscale highlights that the introduction of Ordinals led to an increase in total fees paid to miners, potentially establishing a sustainable baseline level of transaction fees to incentivize miners and ensure continued network security throughout the lifetime of the Bitcoin network.

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