2020-9-3 17:45 |
Median fees have spiked nearly 900% since Aug. 2. origin »
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Average transaction fees broke all-time highs as median fees hover just below its high.
2020-8-13 04:21 | |
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It’s been a strong few weeks for Ethereum adoption. Due to growth in the decentralized finance sector, the blockchain has seen a spike in users, active addresses, and transactions. Unfortunately, this influx of usage has not come without a cost: As per data from Glassnode, a blockchain analytics firm, the daily median gas price of an Ethereum transaction passed 50 Gwei.
2020-7-19 07:00 | |
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The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month. Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and stablecoin projects shot its fees higher.
2020-7-11 14:00 | |
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The halving has caused the transaction fees on both the Bitcoin and the Ethereum network to increase significantly, with Bitcoin recording a growth of 800% in the past 3 months. However, median transaction fees on other major networks, such as Bitcoin Cash, Bitcoin SV, XRP, and Litecoin have remained relatively flat during the same period....
2020-5-22 22:00 | |
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Bitpay has recently been attacked on social media for charging an extra fee for BTC transactions that it doesn’t ask of BCH users. The reality is that the company simply has to cover its operational costs related to the BTC network, whose fees are currently very high again.
2019-6-6 19:10 | |
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Transaction fees are the cost that cryptocurrency users have to bear in order to keep the system going. Fees can vary significantly between networks and it is important to be able to check this before you decide which cryptocurrency to use for making your digital payments.
2019-5-20 13:55 | |
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The crypto industry is abuzz about an extremely generous tip, left to Ethereum miners by an apparently high-rolling developer. Four transactions, all dated Feb. 19 and originating from the same wallet, spent 3,150 ETH in transaction fees.
2019-2-20 22:10 | |
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One of the great benefits of the Bitcoin Cash (BCH) network is that miner fees have been consistently inexpensive for well over a year. A typical BCH network fee in 2018 has been lower than most blockchain networks and the median average each day has not surpassed a U.
2019-1-6 11:15 | |
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Monero’s recent Bulletproof hard fork, which was released on October 18th, has added a number of new features to the platform. Most notable are the dramatically reduced fees that the platform is experiencing: the official website is now reporting that Monero’s median fees are close to one cent per transaction.
2018-10-23 19:20 | |
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Transaction fees can make or break any cryptocurrency on the market today. Top currencies have often struggled to keep a low fee with the amount of transactions on the network. The following six currencies are ranked by increasing network fees as recorded by OnChainFX over the past 24 hours.
2018-9-21 21:00 | |
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In 2024, meme coins became one of the most traded and discussed aspects of the cryptocurrency sector. Critics argue they give the industry a bad image. Others enjoy the gambling thrills and, at times, mind-boggling returns. If and when the…
Ethereum co-founder Vitalik Buterin has stressed the urgent need for enhanced wallet security solutions to reduce crypto losses caused by inaccessible funds. On Feb. 28, Buterin shared his concerns on X, pointing out that a lot of lost crypto stems from users being locked out of their wallets rather than theft.
According to Ethereum’s co-founder Vitalik Buterin, while theft is often discussed in crypto security, many people also lose significant amounts of crypto due to negligence and accidents, and wallet solutions must address these risks as well. In his recent post…
The Ethereum Foundation will donate $1.25 to aid the legal battle of Tornado Cash developer Alexey Pertsev. The Ethereum Foundation has announced a donation of $1.25 million to support the legal defense of Alexey Pertsev, a developer of Tornado Cash.…
Consensys boss Joseph Lubin says decentralization could finally bring “real capitalism,” responding to Vitalik Buterin’s seemingly meta-ironic “make communism great again.” Joseph Lubin, the chief executive of Consensys, has weighed in on Ethereum co-founder Vitalik Buterin‘s recent tongue-in-cheek “make communism…