# Coin Metrics’ State of the Network: Issue 194

<https://coinmetrics.substack.com/p/state-of-the-network-issue-194>

- Host: [coinmetrics.substack.com](https://links.thingelstad.xyz/hosts/coinmetrics.substack.com/)
- Saved: February 15, 2023 (2023-02-16T02:01:32Z)
- Record: https://links.thingelstad.xyz/links/3ab564979016/
- JSON: https://links.thingelstad.xyz/links/3ab564979016.json

## What Jamie wrote

Interesting on-chain analysis of Bitcoin Ordinals (aka NFTs for Bitcoin) and how they are affecting Bitcoin block size. Reading this writeup was bringing back when I read [The Blocksize War](https://www.amazon.com/Blocksize-War-controls-Bitcoins-protocol/dp/B08YQMC2WM/). I would think there are a lot of Bitcoin supporters that aren't very happy about this use case. Personally, I wonder what the point is. Ethereum offers all of this and then some now. I guess Bitcoiners want to have their NFTs too.

## Facts

- Kind: [Newsletter](https://links.thingelstad.xyz/kinds/newsletter/)

## Appears in

- [WT242: Weekly Thing #242 / Stories, Volcano, Decemberists](https://weekly.thingelstad.com/archive/242/), Briefly

## Same host

- [Coin Metrics' State of the Network: Special Merge Update](https://links.thingelstad.xyz/links/e39c94ee03ba/) (coinmetrics.substack.com, September 15, 2022)
- [Coin Metrics’ State of the Network: Issue 204](https://links.thingelstad.xyz/links/2d36f018826e/) (coinmetrics.substack.com, April 26, 2023)
- [Coin Metrics’ State of the Network: Issue 205](https://links.thingelstad.xyz/links/e4d4c4f510da/) (coinmetrics.substack.com, May 4, 2023)
- [A Claim in the Ether: Tracking the Soaring Demand for Ethereum Staking](https://links.thingelstad.xyz/links/66afb00dc0f0/) (coinmetrics.substack.com, May 25, 2023)
- [Circle's Silver Lining: Unpacking USDC's Supply Drop in an Era of Rising Rates](https://links.thingelstad.xyz/links/55167f6c3bbb/) (coinmetrics.substack.com, October 10, 2023)

## Saved the same week

- [Star Tribune names former Google exec Steve Grove as publisher](https://links.thingelstad.xyz/links/da32a309db55/) (startribune.com, February 15, 2023)
- [Unicode Launch New Adopt A Character Website](https://links.thingelstad.xyz/links/65e1f0e69ad7/) (blog.emojipedia.org, February 15, 2023)
- [Tell Good Stories - Not Boring by Packy McCormick](https://links.thingelstad.xyz/links/42c04ba428e5/) (notboring.co, February 15, 2023)
- [Update on gasless DNSSEC implementation - 🧑‍💻 ENS Development / Contracts](https://links.thingelstad.xyz/links/9bdd034c5778/) (discuss.ens.domains, February 15, 2023)
- [Frond](https://links.thingelstad.xyz/links/7f856ea69e41/) (frond.com, February 15, 2023)

## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://coinmetrics.substack.com/p/state-of-the-network-issue-194