Bitcoin developers feud over whether to stamp out memecoins, which have swarmed the network, led to an 11x spike in fees in May 2023, and created a logjam (Sidhartha Shukla/Bloomberg)

Sidhartha Shukla / Bloomberg:
Bitcoin developers feud over whether to stamp out memecoins, which have swarmed the network, led to an 11x spike in fees in May 2023, and created a logjam  —  The coders who maintain Bitcoin’s blockchain are clashing over whether to stamp out the meme tokens swarming the network.