A spike in Bitcoin transaction fees has led to some believing there was a 'DoS attack' on the network.
A sudden spike in Bitcoin transaction fees and unconfirmed transactions sparked concern on Crypto Twitter over the weekend of a potential Denial of Service “attack” on the network.
Some Bitcoin analysts and commentators have been quick to allay these fears from their respective followers.to BitInfoCharts. Meanwhile, according to Mempool Space, the backlog of transactions at time of writing stood at 459,341. The increased demand on the network has even caused total fees per block to temporarily exceed the block subsidy reward of 6.25 BTC on May 7.FIRST TIME SINCE 2017
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