Onchain activity in the $BTC network is at the level of October 2023
Despite the fact that the price of the first cryptocurrency approached an all-time high, the number of daily transactions in the network fell to the level of October 2023. On June 1, this figure reached the 256,000 mark.
Along with the decrease in activity, transactions with minimal fees were included in the blocks. Among them was a transaction from a bitcoin developer under the nickname mononaut, which cost only 11 satoshis per virtual byte.
According to the specialist, it took about a month to process the transaction. The commission was only 11 satoshi (approximately $0.01).
Mononaut specified that the transaction was processed by the MARA miner, which uses Slipstream software for such cases.
Bitcoin Core developers published an open letter on June 6, in which they disagreed with the filtering of non-standard transactions and transactions with low fees, such as the one conducted by mononaut. In their opinion, such restrictions contradict Bitcoin's core principles of decentralization and resistance to censorship