Monday, October 23, 2017
Home The Bitcoin News The Quick Death Of The Zero-Fee Bitcoin Transaction

The Quick Death Of The Zero-Fee Bitcoin Transaction

Bitcoin Watch Shop

The augmenting amounts of Bitcoin exchange have solemnly led to an boost in Bitcoin fees as miners preference a exchange with fees as priority transactions. This means that it can take a longer time for a Bitcoin transaction to clear. Some transactions, tiny ones but fees generally, can be mislaid to a Bitcoin ether, usually to be returned to sender a few day later.

Source: Bitcoin Wiki

Source: Bitcoin Wiki

Transaction fees have been touted as one of a best reasons to use Bitcoin. The world’s initial truly general value send complement boasts a lowest transaction fees. Though these fees have been sensitively rising over time – and sparked a abovementioned, heated discuss about how to keep them low – they sojourn to this day extremely reduce than other value send alternatives.

Transaction fees are processed

Read more ... source:

Advertise on the Bitcoin News

Do you like The Bitcoin News ? Thank you for Support us !
ETH: 0xa829E61Cc130b4f02fbfc9D7763361a550C7f824

Read previous post:
Bitbank Crowdfunds New Xinjiang Mining Facility

The secret mining facility the publication BBC reported on in China featured Chandler Guo, a representative for Bitbank. The Shenzhen-based company...