transaction fees
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Altcoin News
Altcoin News

Will High Gas Fees on Ethereum [ETH] Put an End to DeFi Bull Run?

The GAS fees on Ethereum is surpassing 200 Gwei as DeFi yield farming boom continues. It is clearly reminiscent of 2017 ICO bubble phase. Although, the rising fees on the network is yet to reach previous highs. On-chain transaction fees on Ethereum continue to outpace Bitcoin. The difference between the total fees of Bitcoin from

The GAS fees on Ethereum is surpassing 200 Gwei as DeFi yield farming boom continues. It is clearly reminiscent of 2017 ICO bubble phase. Although, the rising fees on the network is yet to reach previous highs. On-chain transaction fees on Ethereum continue to outpace Bitcoin. The difference between the total fees of Bitcoin from

ethereum transaction fees
Altcoin News
ethereum transaction fees
Altcoin News

Ethereum [ETH] Unaffected by Gas Limit Increase by Miners: Research

As the fees of Ethereum transactions were increasing across the board, the miners decided to increase the GAS limit from 12 M to 12.5 M, a 4% rise. Ths research paper by Barnabe Monnot, an independent researcher, attempts to study the effect of the change on the network and by extension estimating Ethereum and Bitcoin’s

As the fees of Ethereum transactions were increasing across the board, the miners decided to increase the GAS limit from 12 M to 12.5 M, a 4% rise. Ths research paper by Barnabe Monnot, an independent researcher, attempts to study the effect of the change on the network and by extension estimating Ethereum and Bitcoin’s

ethereum-image-coingape
Altcoin News
ethereum-image-coingape
Altcoin News

Median Ethereum [ETH] Fees Rises Ten-Fold Since the Beginning of the Year: Report

The total fees on Ethereum surpassed that of Bitcoin on 10th June. The increase in the adoption of smart contracts and stablecoin issuance has been highly positive for Ethereum growth. According to a report from Coinmetrics, ETH median fees have, however, grown significantly since the beginning of the year. On January 1st, 2020, ETH median fees

The total fees on Ethereum surpassed that of Bitcoin on 10th June. The increase in the adoption of smart contracts and stablecoin issuance has been highly positive for Ethereum growth. According to a report from Coinmetrics, ETH median fees have, however, grown significantly since the beginning of the year. On January 1st, 2020, ETH median fees

Altcoin News
Altcoin News

User Spends $2.5 million in Fees for Transferring 0.55 Ethereum [ETH]

A bizarre Ethereum [ETH] transaction just gave a hefty reward to the miners. In fact, the amount sent was far too less than the fees paid.  Glassnode, an on-chain data-tracker and analytics firm tweeted, #Ethereum fees shot up to $2,631,127 within a single hour. Historically, this is by far the highest value we’ve seen. This

A bizarre Ethereum [ETH] transaction just gave a hefty reward to the miners. In fact, the amount sent was far too less than the fees paid.  Glassnode, an on-chain data-tracker and analytics firm tweeted, #Ethereum fees shot up to $2,631,127 within a single hour. Historically, this is by far the highest value we’ve seen. This

Bitcoin mining
Bitcoin News
Bitcoin mining
Bitcoin News

Is The Bitcoin (BTC) Miner Capitulation On? Average Block Generation Time rises to 12.1 Minutes

Bitcoin’s popularity is on the rise but network’s core is deteriorating if recent metrics are anything to go by. Maintained by a community of miners who actively ensure transactions are secure and immutable, it has been observed that the average block time has increased from around 8.5 minutes (the average reading on May 10) to

Bitcoin’s popularity is on the rise but network’s core is deteriorating if recent metrics are anything to go by. Maintained by a community of miners who actively ensure transactions are secure and immutable, it has been observed that the average block time has increased from around 8.5 minutes (the average reading on May 10) to

ETH
Altcoin News
ETH
Altcoin News

Ethereum [ETH] Median Fees Soars By 100% In A Day, Can This Proposal Prevent Future Fee Hikes?

Ethereum (ETH) recorded the second highest fees in a day as the market rushed to sell their coins with the price crashing over 40% on March 12. Notwithstanding, the median fees of ETH almost doubled in 24 hours with the rush of selling tokens at a record high. Despite the world currently entering a period

Ethereum (ETH) recorded the second highest fees in a day as the market rushed to sell their coins with the price crashing over 40% on March 12. Notwithstanding, the median fees of ETH almost doubled in 24 hours with the rush of selling tokens at a record high. Despite the world currently entering a period

Litecoin Bitcoin Cash Transaction Fees
Altcoin News
Litecoin Bitcoin Cash Transaction Fees
Altcoin News

Litecoin’s Transaction Fees in 2019 were 6x of Bitcoin Cash

In 2019, the total transaction fees accrued from using Litecoin stood at $417,000, 6.76X more than Bitcoin Cash, a Bitcoin network spinoff, that has taken steps to slash the cost of transactions in an effort of being a preferred alternative of Bitcoin, the dominant network. Bitcoin Cash users paid a mere $61,000 in fees in 2019.

In 2019, the total transaction fees accrued from using Litecoin stood at $417,000, 6.76X more than Bitcoin Cash, a Bitcoin network spinoff, that has taken steps to slash the cost of transactions in an effort of being a preferred alternative of Bitcoin, the dominant network. Bitcoin Cash users paid a mere $61,000 in fees in 2019.

Breaking - Bitcoin Nearing $8000, All Set To Hit New Record of 9-Month High
Bitcoin News
Breaking - Bitcoin Nearing $8000, All Set To Hit New Record of 9-Month High
Bitcoin News

Bitcoin [BTC] Whale-Sized Transactions worth $4 Billion Confirmed in a Single Block

Bitcoin whale transactions are a common occurrence in the space, mostly with Exchanges managing their wallets. Nevertheless, when a single block on the ledger conducts a $4 billion transaction, it will inevitably pop some eyes. Also Read: Whales Holding Large Amounts of Bitcoin are Responsible for Bull Market On 11th June, Bitcoin Black Bot reported about

Bitcoin whale transactions are a common occurrence in the space, mostly with Exchanges managing their wallets. Nevertheless, when a single block on the ledger conducts a $4 billion transaction, it will inevitably pop some eyes. Also Read: Whales Holding Large Amounts of Bitcoin are Responsible for Bull Market On 11th June, Bitcoin Black Bot reported about

blockchain
Bitcoin News
blockchain
Bitcoin News

Bitcoin High Transaction Fees And Inflation Rate Revives the 2017 FUD Again

Financial Institutions in the world reportedly have started to include Bitcoin. However, the major products being launched, at the moment, are investment and trading related. While this adds credibility and security to the asset, it makes it a speculative asset nonetheless. Moreover, gold has limited use, but people all around the world still value its

Financial Institutions in the world reportedly have started to include Bitcoin. However, the major products being launched, at the moment, are investment and trading related. While this adds credibility and security to the asset, it makes it a speculative asset nonetheless. Moreover, gold has limited use, but people all around the world still value its

Roger Ver
Bitcoin News
Roger Ver
Bitcoin News

Roger Ver Says Full Blocks Have Limited Bitcoin Adoption

The largest cryptocurrency by market cap Bitcoin is the first cryptocurrency ever created by Satoshi Nakamoto. While Bitcoin experienced a pretty rapid adoption after its creation, Bitcoin.com Founder and famous Bitcoin Cash proponent Roger Ver say its adoption has thwarted by its limited block size. Increasing fees caused the market decline The Bitcoin block was

The largest cryptocurrency by market cap Bitcoin is the first cryptocurrency ever created by Satoshi Nakamoto. While Bitcoin experienced a pretty rapid adoption after its creation, Bitcoin.com Founder and famous Bitcoin Cash proponent Roger Ver say its adoption has thwarted by its limited block size. Increasing fees caused the market decline The Bitcoin block was