Bitcoin Network Stressed by BRC-20 Token Surge: Fees Soar Amid Transaction Backlog

2023-12-6 06:50

The popularity of BRC-20 tokens has congested the Bitcoin network, causing a backlog of unconfirmed transactions and increasing transaction fees. The post Bitcoin Network Stressed by BRC-20 Token Surge: Fees Soar Amid Transaction Backlog appeared first on BeInCrypto.

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Источник: beincrypto.com

backlog bitcoin → Результатов: 18

Bitcoin backlog surges, BTC touches $28k, miners thrive: Unraveling all the chaos

The percentage of Bitcoin miner revenue derived from fees soared to 42% in the last 24 hours. Because of the backlog surge, the number of unconfirmed transactions on Bitcoin hit a whopping 402,The post Bitcoin backlog surges, BTC touches $28k, miners thrive: Unraveling all the chaos appeared first on AMBCrypto.

2023-5-10 01:30	BTC Trading View
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Skyrocketing bitcoin fees: demand surge or DoS attack?

Crypto enthusiasts on social media have expressed concerns about soaring bitcoin (BTC) transaction fees and a growing backlog of unconfirmed transactions, prompting speculation about a potential denial-of-service (DoS) attack on the network.

2023-5-8 14:58	ordinals
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As Bitcoin Crashes, Binance Halts Withdrawals

Falling Fast The world's largest crypto exchange has had to pause Bitcoin withdrawals as the currency drops precipitously for the second time in 2022. On Twitter, Binance CEO Changpeng Zhao announced Monday morning that Bitcoin withdrawals were on a "temporary pause" due to a "stuck transaction causing a backlog." Though Zhao didn't mention it, this […]

2022-6-16 19:39	the digest
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Bitcoin: Liquid Network fixes upgrade issues after 22 hours of backlog

Liquid, a sidechain-based settlement network for traders and exchanges, recently faced major hiccups in processing transactions. This was an interesting development, especially since according to LiquThe post Bitcoin: Liquid Network fixes upgrade issues after 22 hours of backlog appeared first on AMBCrypto.

2021-10-6 12:30	BTC Trading View
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Lightning Network Exploits Continue to Hinder the Bitcoin Scaling Solution

While bitcoin has run-up to all new price highs in 2020, a great number of crypto supporters have been complaining about the mempool backlog and the high fees needed to send a transaction. Meanwhile, the Lightning Network is far from seeing widespread adoption, and a number of attack vectors have been revealed this year.

2020-11-1 07:45
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Mempool Clog: Bitcoin Hashrate Drops 40%, Backlog Shows Over 100K Unconfirmed Transactions

The Bitcoin network hashrate has dropped significantly over the last four days sliding from a high of 161 exahash per second (EH/s) to 90 EH/s on October 27. Today, the Bitcoin hashrate has improved a hair as the network’s security is currently hovering around 100 EH/s.

2020-10-30 06:45
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Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’

Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3. 80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly.

2020-7-28 03:01
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Miners switching from BCH to BTC could be behind the 5 hour block time on Bitcoin Cash

Bitcoin Cash usage has been put to the test when the network failed to produce a single block in more than five hours earlier this week without causing any transaction backlog. While many saw the declining hash rate as a consequence of low usage, the low usage might have been caused by an unstable hash […] The post Miners switching from BCH to BTC could be behind the 5 hour block time on Bitcoin Cash appeared first on CryptoSlate.

2020-1-31 15:39	Mining
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Bitcoin Cash Sees no Blocks for 5 Hours, No Significant Backlog Due to Low Usage

Bitcoin cash sees no new block for five hours, low usage prevented the unconfirmed transactions from causing network congestion

2020-1-31 21:53	blockchain
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The Latest Bitcoin Mempool Spike Melts Like Snow in the sun

There have been some concerns regarding the Bitcoin mempool in recent days. On November 15, the transaction backlog got a massive upward spike, for an unknown reason. It is always somewhat worrisome to see the Bitcoin mempool explode in size in an exponential manner.

2019-11-18 06:00
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Bitcoin Network Spammed by One-Satoshi Transactions

The Bitcoin (BTC) mempool is getting filled with small transactions, with very low value, clogging up the network. The backlog quickly piled up, lifting the mempool to around 90,000 pending transactions.

2019-11-15 15:52
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2MB Soft Limit Causes Bitcoin Cash Backlog

A backlog of transactions formed in Bitcoin Cash starting this September 1st following a sudden spike. Some 600,000 transactions were made on that day, double bitcoin’s 300,000, but instead of.

2019-9-3 16:38	News
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Wait for October: New Bitcoin Miner Demand Is Again Outstripping Supply

Bitcoin's price jump has juiced demand for new mining equipment, with some models on backlog until October.

2019-6-25 18:00
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Wall Street Crypto Products May Have to Wait as US Regulators Confront Backlog

The SEC and CFTC have five weeks of work to catch up on, and crypto advocates have no illusions that bitcoin ETFs and the like are a priority.

2019-2-1 18:30
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Binance Expands Fiat-to-Crypto Exchange Into Europe Via Jersey

Binance’s cryptocurrency exchange platform has expanded into the European market with its entry into the Island of Jersey, a self-governing dependency of Great Britain.

2019-1-19 00:50	Startups
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Poloniex устранила проблему с вводом и выводом bitcoin

Криптовалютная биржа Poloniex устранила проблемы с обеспечением ввода и вывода bitcoin. Об этом представители платформы сообщили в официальном Twitter-аккаунте. BTC deposits and withdrawals are now enabled.

2018-10-18 21:12
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Bitcoin set to roll out Schnorr, its biggest upgrade to date

Bitcoin is making progress on a tech upgrade that will improve its speed, scalability and privacy. Schnorr will clear up space on the blockchain by containing signatures. The result expected is relief for transaction backlog and the high fees that go along with it.

2018-7-17 23:37
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2023-12-6 06:50

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