Cryptocurrency
Total Bitcoin Inscriptions count approaches 10M
quick take
- The total number of Bitcoin registrations is approaching 10 million and is currently at 9,574,192.
- inscription Metadata added to a Bitcoin Satoshi via the monitoring portion of a Bitcoin transaction. Metadata can be associated with text, images, videos, etc., but is limited to approximately 4 MB.
- The second graph below shows that text-based inscriptions make up the majority of new count inscriptions.
- The current Inscriptions execution rate is about 200,000 per day. That number has dropped significantly over the course of his May, suggesting a growing reluctance to pay fees.
Post’s total bitcoin registrations approaching 10 million was first seen on CryptoSlate.