Transaction Fee

Posted by | November 23, 2023
Bitcoin user pays $3.1M transaction fee for 139 BTC transfer

A mempool developer suggested that the user behind the transfer might not be aware of the non-cancellation of replacement fees policy, resulting in an accidental $3.1 million transaction fee. 19130...

Continue Reading
bitcoin-miner-mulls-refunding-20-btc-reward-to-paxos
Posted by | September 14, 2023
Bitcoin miner mulls refunding 20 BTC reward to Paxos

Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.” 3778 Total...

Continue Reading
ordinals-and-brc-20-will-disappear-in-a-matter-of-months,-jan3-ceo-says
Posted by | May 13, 2023
Ordinals and BRC-20 will disappear in a matter of months, JAN3 CEO says

The hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow. 630 Total views 21 Total...

Continue Reading
ordinals-and-brc-20-will-disappear-in-a-matter-of-months,-says-jan3-ceo
Posted by | May 13, 2023
Ordinals and BRC-20 will disappear in a matter of months, says JAN3 CEO

The hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow. 5654 Total views 66 Total...

Continue Reading
arbitrum’s-dao-to-receive-over-3,350-eth-revenue-from-transaction-fees
Posted by | May 10, 2023
Arbitrum’s DAO to receive over 3,350 ETH revenue from transaction fees

Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum's team and its community. 298 Total views 2 Total shares...

Continue Reading
arbitrum’s-dao-to-receive-over-3,350-eth-in-revenue-from-transaction-fees
Posted by | May 10, 2023
Arbitrum’s DAO to receive over 3,350 ETH in revenue from transaction fees

Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum’s team and its community. 1839 Total views 20 Total shares...

Continue Reading
memecoin-hype-drives-bitcoin-transaction-fees-to-multi-year-highs
Posted by | May 5, 2023
Memecoin hype drives Bitcoin transaction fees to multi-year highs

Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from all-time high levels. 381 Total views 1 Total shares Own this piece of...

Continue Reading
ethereum-gas-fee-jumped-due-to-memecoin-frenzy-with-mixed-comments-on-network-usability
Posted by | April 20, 2023
Ethereum gas fee jumped due to memecoin frenzy with mixed comments on network usability

Ethereum proponents celebrated the growth in daily revenue, while many others pointed toward network congestion and difficulty in usage. 1204 Total views 13 Total shares Own this piece of history...

Continue Reading
the-state-of-solana:-will-the-layer-1-protocol-rise-again-in-2023?
Posted by | January 27, 2023
The state of Solana: Will the layer-1 protocol rise again in 2023?

Despite the latest FTX-related crisis, Solana still has what it takes to win the layer-1 race, according to the head of strategy at the Solana Foundation, Austin Federa. 7039 Total...

Continue Reading
average-bitcoin-transaction-fee-drops-under-$1-as-network-difficulty-recovers
Posted by | August 22, 2022
Average Bitcoin transaction fee drops under $1 as network difficulty recovers

In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty. 3824 Total views 116 Total shares...

Continue Reading