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<p class="is-style-lead">The average commission on the Bitcoin (<a href="https://crypto.news/price/bitcoin/">BTC</a>) network exceeded $37, reaching a yearly high. </p> 
<p>The increase in blockchain fees was caused by another wave of activity in the Ordinals segment. This has led to increased demand for block space.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="263" src="https://crypto.news/app/uploads/2023/12/Screenshot-2023-12-18-at-13.40.05-1024x263.png" alt="Ordinals boom sent Bitcoin fees to record - 22" class="wp-image-14228708">
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  Source: Bitinfocharts
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<p>A similar situation happened in April-May 2023. At that time, after the popularization of inscriptions — notes that can be inscribed onto the Ordinals blockchain — the average commission reached $19. Then, the demand for Bitcoin NFTs fell, but grew again in Q3 2023.</p> 
<p>Commission increases occurred due to the high demand for inscriptions on the Ordinals network. </p> 
<p>The number of these tokens and the volume of commissions show a steady upward trend.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="377" src="https://crypto.news/app/uploads/2023/12/Screenshot-2023-12-18-at-13.45.03-1024x377.png" alt="Ordinals boom sent Bitcoin fees to record - 23" class="wp-image-14228714">
 <figcaption class="wp-element-caption">
  Source: Dune
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</figure> 
<p>The beneficiaries were miners whose income jumped to the levels of Bitcoin quotes at historical highs of around $69,000.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">6.25 btc fees, 6.25 btc subsidy in this block. i guess we don't need to worry about mining incentive in the future after all. <a href="https://t.co/0aApwiobZG" target="_blank">https://t.co/0aApwiobZG</a></p>— Adam Back (@adam3us) <a href="https://twitter.com/adam3us/status/1736143115013001722?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 16, 2023</a>
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<p>Some users noted that this network fee level makes mass cryptocurrency adoption problematic.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Currently the "high priority" <a href="https://twitter.com/hashtag/btc?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#btc</a> txfee is $37<br><br>How many people earn less than $37 daily?<br><br>5.39 BILLION people.<br><br>TWO THIRDS of the worlds population are currently excluded from sending a "fast" <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#bitcoin</a> tx unless they want to spend more than a days income.<br><br>Well done maxipads. <a href="https://t.co/0JhNbH0kS7" target="_blank">pic.twitter.com/0JhNbH0kS7</a></p>— Kawaii Crypto (@kawaiicrypto) <a href="https://twitter.com/kawaiicrypto/status/1736340109849432562?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 17, 2023</a>
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<p>However, according to popular influencer hodlonaut, the network of the first cryptocurrency is not intended for this, and high commissions are its protection from attack. The expert believes that second-layer solutions like Liquid Network or Lightning Network, which are specifically designed for mass use, should be used for accessible transactions.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Kinda blows my mind that so many people seemingly have never reflected on the obvious fact that fees will be high with high demand for block space. <br><br>Fees are currently artificially and temporarily high due to JPEG clownery, but it is nothing more than a glimpse into the future.…</p>— hodlonaut 80 IQ 13%er 🌮⚡🔑 🐝 (@hodlonaut) <a href="https://twitter.com/hodlonaut/status/1736118930123473050?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 16, 2023</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>He is confident that the structure of the Bitcoin network allows for a constant increase in value by the design of the Proof-of-Work consensus algorithm. The expert believes it is impossible to maintain low commissions in this situation, as failed forks like Bitcoin Cash showed, the analyst claimed. </p> 
<p>At the same time, commissions have also increased in other blockchains on which analogs of <a href="https://crypto.news/tag/Ordinals/">Ordinals</a> are issued. On Dec. 16, gas consumption for operations with “inscriptions” in EVM networks jumped to $8.37 million. <a href="https://crypto.news/tag/Avalanche/">Avalanche</a> accounted for $5.6 million of the total amount, while Aribitrum One’s figure was $2.1 million.</p> 
<p> You might also like: <a href="https://crypto.news/bitcoin-core-developer-calls-ordinals-a-fraud-announces-fix/"> Bitcoin Core developer calls Ordinals ‘fraud,’ announces fix </a> </p>

Ordinals boom sent Bitcoin fees to record

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