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World Blockchain Roadshow 2018 – Asia and Europe • June 28 - August 18, 2018

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Tag: fees

Bitcoin’s Average Transaction Fee Decline to Lowest Level in 7 Years

Category: Bitcoin, Finance, News, Tech

Bitcoin’s Average Transaction Fee Decline to Lowest Level in 7 Years

Bitcoin transaction fees are at their lowest level since 2011. The lower fees follow on from bitcoin fees rising as high as $50 per transaction at the end of 2017, a situation that did not have much economic viability. Consider that the basic premise of blockchain technology is to enable faster and cost-effective transactions. If PayPal and other mainstream payment…

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Fee Market Kicks in with Weird Consequences

Category: Bitcoin, Blockchain, Commentary

Fee Market Kicks in with Weird Consequences

Bitcoin knocks at its capacity limits. After the Mempool did not empty at the weekend for the first time, the traffic jam on the Blockchain might become a permanent state. Full capacity already bears weird results, like that you can buy faster confirmations with credit cards. What can be done? Is there help in sight? By itself it is no…

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