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3232Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog
https://www.digit.info/despite-fee-reduction-bitcoin-network-faces-stubborn-transaction-backlog/
Thu, 27 Jun 2024 13:10:18 +0000https://www.digit.info/2024/06/27/despite-fee-reduction-bitcoin-network-faces-stubborn-transaction-backlog/Read more]]>Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s Fee Market Struggles to Match Network’s […]
Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s Fee Market Struggles to Match Network’s […]
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