While Bitcoin’s massive fees (topping out at $65 per transaction) were the main headlines at the end of 2017, the new year has already brought with it a massive turnaround, taking them down to around $1 of the time of writing. It is still a great deal more than most...
With Bitcoin’s backlog of transactions, scalability has been a hot topic. Some argue that SegWit and bigger blocks are not the solution, being that more users will still cause both to continue growing. But what’s come to light recently is that there are an...
In the world of cryptocurrencies, transaction fees are one of the most talked about aspects. Being able to send funds from one place to another almost instantly and for a low cost has drawn in a great deal of users. But as time has gone on and Bitcoin has grown, so...
While Bitcoin is a platform for sending money from one person to another, it is decentralized, requiring a type of incentive to keep the system going. It comes at a great cost, and this has to be repaid somewhere. Bitcoin block rewards are only set up to be a...