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Crypto valuations haven’t been the only casualties of this week’s market crash; crypto networks have also felt the strain. As onchain activity has ramped up in response to the market slump, fees have soared and the mempool filled on the BTC and ETH chains. Other crypto networks have operated smoothly, however, despite the pandemonium. Also … Read more
Once 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 … Read more
Recently, a few Bitcoin Cash (BCH) proponents have been writing a series of myth-busting articles that describe Bitcoin technicals generally thought to be true but which are not. The articles posted on the read.cash blog have reviewed topics like 10-minute confirmation times, SPV wallets, PoW energy usage, and rising network fees. Also read: Meet Snowglobe: … Read more
Bitcoin 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 … Read more
It has been a rather quiet week for Bitcoin so far. Despite a very promising start to May of 2019, the uptrend has ground to a halt. While that is not entirely unexpected, a lot of traders and speculators are growing antsy once again. There are several reasons as to why the Bitcoin price uptrend … Read more
Transaction fees are the cost that cryptocurrency users have to bear in order to keep the system going. Fees can vary significantly between networks and it is important to be able to check this before you decide which cryptocurrency to use for making your digital payments. Also Read: Bitcoin Cash Upgrade and 30K Stores Accepting … Read more
Knowing what you have to pay to access a service is critical to judging the usefulness of any system. Here’s how you can check the current average transaction fees when make payments using BTC and BCH. Also Read: How to Earn BCH as a Bitcoin Bounty Hunter Track Transaction Fees With Coin Dance Coin Dance … Read more
In the cryptocurrency world, transaction fees can make or break any project. While some projects try to maintain a zero-fee transaction structure, the vast majority of them tend to charge a small amount for miners to include transactions in blocks. As such, there are some concerns over the current rise in Bitcoin transaction fees. It … Read more
Tidbits is a roundup of talking points from across the cryptosphere. In this edition, Peter Todd suggests memorizing randomly generated passphrases to secure recovery keys. Amaury Séchet explains how the BCH community faces an uphill battle with adoption, and Andreas Antonopoulos explains why transaction fees don’t show up as a transaction output in the block … Read more
Bithumb, a global cryptocurrency exchange holds an event to payback 70% of transaction fees for overseas users as an expression of appreciation for their support and loyalty following the last month. ‘Cryptocurrency Transaction Fee payback promotion’ holds from October 22 to November 21, 2018 (GMT +9) Korean Standard Time. The event is for the overseas … Read more