How to Track, Get and Set the Best Transaction Fees with Bitcoin and Bitcoin Cash

How to Track, Get and Set the Best Transaction Fees with Bitcoin and Bitcoin CashOnce set up with a bitcoin or bitcoin cash wallet and some coins, using and sending them is pretty easy. Part of this process involves paying a transaction fee, which is a small amount of coin included in a transaction incentivizing miners to work the tx into a block. Both BTC and BCH transactions have […]

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Odd Bitcoin Cash Mempool Spike Highlights Ecosytem Stagnation

TheMerkle Calvin Ayre Bitcoin Cash 10kMany people hope cryptocurrencies can replace traditional finance. That will only be the case if the individual crypto networks can process transactions without a hitch. In the case of Bitcoin Cash, there are some very unusual things happening. Particularly today’s mempool spike raises a lot of questions.  A BCH Transaction Spike It has been a while since Bitcoin Cash made headlines for any reason at all. Today is not really different, albeit there is one very unusual development. For a few hours, the network suffered from a major influx of transactions. This was seemingly not a network stress test of

The post Odd Bitcoin Cash Mempool Spike Highlights Ecosytem Stagnation appeared first on The Merkle Hash.

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New Betting Game Allows People to Wager on BTC’s Next Block Fee

New Betting Game Allows People to Wager on BTC's Next Block FeeBitcoin core (BTC) prices have been rising sharply over the last few weeks and people have also noticed BTC transaction fees have spiked as well. Now there’s a new gaming site called Guess Bitcoinfees allowing people to bet on the 24-hour average transaction fee for the next day and the site pays out jackpots in […]

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Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch

Mempool 'Spam' and Rising Fees: The Consequences of Veriblock's Mainnet LaunchLast month the Veriblock testnet represented more than 30 percent of BTC’s network transactions but the project took a hiatus before launching the protocol’s mainnet. When the project stopped, the BTC network’s mempool dropped, transactions per day were cut in half, and fees slightly dipped. However, since the mainnet launch of the Veriblock blockchain, the […]

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Stress Test & Big Blocks: BCH Network Confirms 2M Transactions in 24-Hours

Stress Test & Big Blocks: BCH Network Confirms 2M Transactions in 24-HoursOn September 1, 2018, the Bitcoin Cash (BCH) network was put to the test as BCH proponents flooded the mempool with millions of transactions over the last day. According to statistics during the last 24-hours, BCH miners have processed over 2 million transactions so far and the Stress Test Day is still not over. Also […]

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BCH Stress Testers Will Put Pressure on the Network in Two Weeks

BCH Stress Testers Will Put Pressure on the Network in Two WeeksOn September 1, 2018, Bitcoin Cash ecosystem participants have plans to conduct a network stress test which will involve individuals and groups sending millions of transactions throughout the course of one day. With the BCH stress test day approaching soon, BCH proponents have been testing sending large amounts of small transactions at one time and […]

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The Bitcoin Cash Network Processed 687,000 Transactions on August 1st

The Bitcoin Cash Network Processed 687,000 Transactions on August 1stOver the last day, BCH proponents have been celebrating the ‘Bitcoin Cash Independence Day’ which marks the anniversary of the August 1 blockchain split that took place a year ago. During festivities, the BCH community sent a ton of transactions over the course of the day and on August 1, 2018, the Bitcoin Cash network […]

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Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since December

Flash Transfer: Bitcoin Hodlers Dumped $30 Billion Since DecemberLeading crypto research firm, Chainalysis, revealed staggering wealth transfer numbers, as reported by legacy news outlet Financial Times, concerning bitcoin core (BTC). From its price high in December of last year through April of 2018, BTC hodlers (supposed longer term investors) dumped $30 billion onto the market, shedding about half their collective positions just in […]

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