Halving Fee Record 2024 04 20 event
Overview
On April 20, 2024, ViaBTC mined block 840,000, which enacted Bitcoin's fourth halving. That block set a record for transaction fees, totaling roughly 37.6 BTC (around $2.4 million), in addition to the lowered 3.125 BTC block subsidy. The elevated fees came from users vying to inscribe uncommon satoshis and mint tokens via the Runes protocol, which debuted at that block. In subsequent days, miners recorded nine of the ten most expensive blocks by fees in history.
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Frequently asked questions
What is Halving Fee Record 2024 04 20?
Halving Fee Record 2024 04 20 is an event tracked in The Counterparty knowledge graph.
What type of entity is Halving Fee Record 2024 04 20?
Halving Fee Record 2024 04 20 is classified as an event (event) in The Counterparty knowledge graph.
Sources
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