Bitcoin volume hits an 8-month low as low-fee submissions by miners spark controversy among core developers.

On-chainStrategist · 2025-06-09T01:26:04+00:00

Bitcoin network volume has dropped to a new low in October 2023, with miners seeking low-fee transactions. Developers oppose node filtering of low-fee transactions, emphasizing the decentralization feature, while some individuals hold differing views, arguing that such behavior undermines transaction protection mechanisms.

On-chainStrategist

2025-06-09 01:26:04

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According to reports, the seven-day average volume of Bitcoin transactions dropped to 317,000 last Friday, marking a new low since October 2023. Due to the sluggish trading activity, some miners have started to look for transactions with fees below the Bitcoin Core’s default relay threshold (1 sat/vB). Mononaut pointed out that one of their transactions was submitted to the Bitcoin mining company MARA (formerly Marathon Digital), which publicly operates a non-standard low-fee transaction channel called Slipstream.

On June 6, 31 Bitcoin core developers jointly signed an open letter opposing node filtering of low-fee or non-standard transactions, emphasizing the essential attribute of Bitcoin as an anti-censorship system. The developers pointed out that forcing users to use private channels such as Slipstream would harm the decentralization feature. This stance was opposed by individuals such as Samson Mow, founder of Jan3, who believe that the core developers are removing protective mechanisms against spam transactions.

BTC2,67%

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