Mh, the default assumevalid block was 886'157 in v29.0.
Oh, you know what? I have a theory. There was a period of time when people started to churn UTXOs to sift for rare sats. Perhaps the slowdown coincides with a big increase of old UTXOs being spent?
Looking at a UTXO Age band chart, the number of coins held in UTXOs older than one year peaked in November 2023. I haven’t found data on UTXO counts itself yet.
There was a period of time when people started to churn UTXOs to sift for rare sats.
This is plausible, as well as massive consolidation of near-dust. The first ones I found that were slow going were blocks that were heavy on consolidation txs.
Mh, the default assumevalid block was 886'157 in v29.0.
Oh, you know what? I have a theory. There was a period of time when people started to churn UTXOs to sift for rare sats. Perhaps the slowdown coincides with a big increase of old UTXOs being spent?
Looking at a UTXO Age band chart, the number of coins held in UTXOs older than one year peaked in November 2023. I haven’t found data on UTXO counts itself yet.