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Network Congestion – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 29 Aug 2024 04:30:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Network Congestion – DIGIT INFO https://www.digit.info 32 32 Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities https://www.digit.info/solayer-secures-12-million-to-enhance-solanas-restaking-capabilities/ Thu, 29 Aug 2024 04:30:35 +0000 https://www.digit.info/solayer-secures-12-million-to-enhance-solanas-restaking-capabilities/ Read more]]> Solayer Secures $12 Million to Enhance Solana's Restaking CapabilitiesSolayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth optimization. Solana Restaking Project Solayer Attracts $12 Million Investment According to […]

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The Memecoin Frenzy Has Ignited a Scalability Arms Race https://www.digit.info/the-memecoin-frenzy-has-ignited-a-scalability-arms-race/ Sun, 09 Jun 2024 10:26:38 +0000 https://www.digit.info/2024/06/09/the-memecoin-frenzy-has-ignited-a-scalability-arms-race/ Read more]]> The Memecoin Frenzy Has Ignited a Scalability Arms RaceFollowing a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group of tokens has witnessed persistent success regardless of the current market backdrop: memecoins. Known […]

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Ore wins Solana hackathon despite disrupting Solana’s network in April https://www.digit.info/ore-wins-solana-hackathon-despite-disrupting-solanas-network-in-april/ Tue, 07 May 2024 05:06:33 +0000 https://www.digit.info/2024/05/07/ore-wins-solana-hackathon-despite-disrupting-solanas-network-in-april/

A sudden rise in Ore mining transactions was one of the main culprits behind Solana’s April congestion issue where up to 70% of non-vote transactions were being rejected.

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Ethereum, Bitcoin users reignite scalability debate as gas fees surge https://www.digit.info/ethereum-bitcoin-users-reignite-scalability-debate-as-gas-fees-surge/ Fri, 10 Nov 2023 04:38:31 +0000 https://www.digit.info/2023/11/10/ethereum-bitcoin-users-reignite-scalability-debate-as-gas-fees-surge/

Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours.

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Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion https://www.digit.info/bitcoin-makes-progress-in-clearing-backlog-but-lightning-network-capacity-and-channels-dropped-amid-congestion/ Sun, 14 May 2023 16:19:57 +0000 https://www.digit.info/2023/05/14/bitcoin-makes-progress-in-clearing-backlog-but-lightning-network-capacity-and-channels-dropped-amid-congestion/ Read more]]> Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid CongestionIn the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today, that number has been reduced to 263,406. Currently, 184 blocks need to be cleared to […]

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Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees https://www.digit.info/bitcoin-network-overwhelmed-by-390000-unconfirmed-transactions-and-surging-fees/ Sun, 07 May 2023 16:30:48 +0000 https://www.digit.info/2023/05/07/bitcoin-network-overwhelmed-by-390000-unconfirmed-transactions-and-surging-fees/ Read more]]> Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging FeesIn just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction fees, which have risen from $1.99 per transaction on April 26 to a current […]

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Bitcoin Mempool Overwhelmed With 134,000 Unconfirmed Transactions Amid Price Volatility https://www.digit.info/bitcoin-mempool-overwhelmed-with-134000-unconfirmed-transactions-amid-price-volatility/ Wed, 26 Apr 2023 22:20:01 +0000 https://www.digit.info/2023/04/26/bitcoin-mempool-overwhelmed-with-134000-unconfirmed-transactions-amid-price-volatility/ Read more]]> Bitcoin Mempool Overwhelmed With 134,000 Unconfirmed Transactions Amid Price VolatilityAmidst the buzz surrounding bitcoin’s latest price surge, a significant number of transactions are currently clogging up the mempool. As of writing, 134,986 unconfirmed transactions await confirmation, and block times are lingering above the usual ten-minute mark. Bitcoin Transactions Backlogged as Mempool Reaches Higher Levels On the morning of Wednesday, Bitcoin.com News brought to light […]

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Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count Surges https://www.digit.info/arbitrum-registers-record-activity-over-the-last-2-weeks-as-transactions-per-day-count-surges/ Thu, 06 Apr 2023 15:35:07 +0000 https://www.digit.info/2023/04/06/arbitrum-registers-record-activity-over-the-last-2-weeks-as-transactions-per-day-count-surges/ Read more]]> Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count SurgesIn the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of 2.72 million transactions settled in 24 hours. L2 Network Arbitrum Records 2.72 Million Transactions […]

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Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March https://www.digit.info/bitcoins-average-and-median-sized-network-fees-rose-40-higher-in-march/ Fri, 31 Mar 2023 22:15:06 +0000 https://www.digit.info/2023/03/31/bitcoins-average-and-median-sized-network-fees-rose-40-higher-in-march/ Read more]]> Bitcoin's Average and Median-Sized Network Fees Rose 40% Higher in MarchIn March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin […]

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Bitcoin Cash 2-Year Anniversary: Celebrating Protocol Development and Achievements https://www.digit.info/bitcoin-cash-2-year-anniversary-celebrating-protocol-development-and-achievements/ Thu, 01 Aug 2019 04:01:01 +0000 https://www.digit.info/2019/08/01/bitcoin-cash-2-year-anniversary-celebrating-protocol-development-and-achievements/ Read more]]>

Today Bitcoin Cash (BCH) fans from all around the world will be celebrating the 2-year anniversary of the BCH network. The day is a great occasion to commemorate the dedicated BCH software engineers and the passionate community, alongside the number of achievements accomplished since August 1, 2017. Also Read: Btc.top CEO Highlights the Benefits and […]

The post Bitcoin Cash 2-Year Anniversary: Celebrating Protocol Development and Achievements appeared first on Bitcoin News.

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