transaction

Bitcoin Fees Under $1 Despite Transaction Congestion

Bitcoin Fees Under $1 Despite Transaction Congestion

Key facts: The number of waiting blocks decreased, but not the number of pending transactions. Educating about the use of Bitcoin is crucial so that users know what to do in times like these. Despite how congested Bitcoin has been since last Wednesday, March 11, the network’s commissions for making transactions have maintained an average …

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Litecoin miners say yes to transaction privacy with MimbleWimble

Litecoin pools.

Most of the Litecoin (LTC) miners agree to give space to privacy, through the activation of the MimbleWimble protocol. Much of the Litecoin mining pools support the implementation of this update, so its arrival seems imminent. According to the graph live shared by the creator of Litecoin, Charlie Lee, the main pools that mine this …

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Option to avoid transaction stagnation in Bitcoin was double enabled in 2021

Option to avoid transaction stagnation in Bitcoin was double enabled in 2021

Key facts: It is an option that allows you to confirm transactions faster by increasing the commission. Although it is not easy to use, more and more wallets and users have this option. Replace-by-fee, also known as RBF, is a substitution of one transaction for another on the Bitcoin network. This can be done by …

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Every Bitcoin transaction, no matter how small, consumes $ 173 in electricity – DiarioBitcoin

Every Bitcoin transaction, no matter how small, consumes $ 173 in electricity - DiarioBitcoin

By Daily EditorBitcoin A study of the UK financial site MoneySuperMarket calculates the cost of electricity for each transaction from Bitcoin *** For a long time the electricity consumption of Bitcoin In fact, the CEO of Tesla, Elon Musk, stopped accepting BTC as a means of payment at his electric car company, Tesla, due to …

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