805, 2019
Higher fees follow rising Bitcoin volumes
Bitcoin’s April rally helped push on-chain volume to a 10 month high, but despite the progress of scaling solutions, bitcoin transaction fees increased by almost 200%. What are the implications?
1001, 2018
Rising fees open the door for Bitcoin’s ‘currency’ contenders
Probably the biggest challenge that bitcoin faces today is scalability. Currently, bitcoin users are being charged an average of over $30 per transaction and transactions can take several hours to confirm. This is a far cry from the days when it was possible to send bitcoin within minutes to anywhere in the world for a few cents.
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