The cryptocurrency market has been reaching new heights almost every other day. Ethereum the second-largest crypto has been noting its network fees rise in sync with its surging price. The transaction fees for the digital asset reached an all-time high on 4 January when the altcoin was trading above $1,000. According to data provided from...Read More
Bitcoin often faces a lot of criticism for its high transaction fees. A recent network transfer worth over $930 million in BTC shows things can be done differently. It is interesting to see how high-value transactions tend to have low TX fees. Small Transaction Fees may Still be too High This is possible, even when...Read More
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent 0.55 ether, worth...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
