Tag: Transaction Fees

What is Bitcoin Mempool?

Bitcoin Mempool: Beginners Guide & Transaction Hacks

In this guide, I want to unravel the mysteries of one aspect of Bitcoin – the memory pool, or as it is more commonly known, the mempool. If you’ve ever completed a Bitcoin transaction and it’s seemed to take forever...

/ April 25, 2019
Cancel Uncomfirmed Bitcoin Transaction

Uncomfirmed Transactions: What They Are and How to Overcome Them

As bitcoin becomes increasingly popular, transaction fees on the network have also been increasing. As a result of the increase in fees, the miners that put the transactions into blocks are becoming pickier on which transactions they will pick up....

/ December 26, 2017
Bitcoin Transaction Hacks

Beat the Backlog: Bitcoin Transaction Hacks for Speed

Everyone knows that the Bitcoin network currently has growing pains. Transaction times have slowed and fees are at record highs. Although there is much debate as to the cause of these backlogs, there are a number of scaling solutions that...

/ December 22, 2017
Ethereum Price and Congestion Woes

Ethereum Price and Congestion Woes: Putting It Into Perspective

The sky certainly isn’t falling by any stretch of the imagination, but the Ethereum community is digging in. The ETH price is hitting a mild, acute sag, congestion on the network is high, and fees are climbing. So what to...

/ December 6, 2017
Need to Enable SegWit Support

Why Bitcoin Companies Need to Enable SegWit Support

The Bitcoin SegWit2X hardfork is now dead. While many breathed a sigh of relief that the contentious hardfork was taken off the cards, the community needs to address the underlying issue – transaction fees. Although many wanted to take the...

/ November 10, 2017
Bitcoin Transaction Fees Fall

Bitcoin Fees Drop as SegWit Implementation Reaches 14.5%

SegWit transactions are taking hold. Last week the percentage of SegWit enabled transactions went from 9% to 14.5%. This had the effect of also decreasing the Bitcoin transaction fees as well as the size of Bitcoin blocks. You can see...

/ October 16, 2017
Bitcoin Transaction Fees too High

Are Bitcoin Fees Driving users to Altcoins

One of the main incentives behind Bitcoin was the manner in which people could quickly and easily send funds to someone else at a cost that was fractions of the established alternatives. However, this is unfortunately no longer the case....

/ October 4, 2017