How Ordinals-inspired inscriptions caused outages and gas fee spikes across top chains

Over the past week, inscriptions minted on a number of blockchains have caught the attention of crypto traders and developers alike due to large transaction volumes that generated unusual amounts of gas fees. On Layer 2 (L2) chains like Arbitrum and Layer 1 chains like Avalanche and Solana, there has been a proliferation of inscriptions: on-chain pieces of data that are stored inside... source: https://cryptobriefing.com/how-ordinals-inspired-inscriptions-caused-outages-gas-fee-spikes-across-top-chains/?utm_source=cryptopanic&utm_medium=rss