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Ethereum Tests 25% Capacity Increase as Network Fees Hit Bitcoin Level

News Ethereum network participants are attempting to raise the network’s block size as a direct response to network congestion. Gas limit on course to become 10 million per blockAs various parties including co-founder Vitalik Buterin confirmed this week, testing is currently underway to improve ne..

Ethereum Flirts Again With Passing Bitcoin in Daily Transaction Fees

Bitcoin has been the reigning money of choice within the cryptoeconomy since the ecosystem’s start, but Ethereum is continuing to climb toward king of the hill — at least if daily transaction fees are any indication.“As of September 15th, ETH had $182,899 daily transaction fees compared to $185,9..

Someone Just Moved $1B in Bitcoin for $700 Fee, Overpaying 20 Times

News A $1 billion Bitcoin (BTC) transaction has become conspicuous not because of its size but because its sender spent far too much on fees. Someone could have sent 94K BTC for $35Social media users were guessing at the origin and destination of the funds on Sept. 6, which involved 94,504 BTC ($..

Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies

Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this ..

Bitcoin Cash 2-Year Anniversary: Celebrating Protocol Development and Achievements

Today Bitcoin Cash (BCH) fans from all around the world will be celebrating the 2-year anniversary of the BCH network. The day is a great occasion to commemorate the dedicated BCH software engineers and the passionate community, alongside the number of achievements accomplished since August 1, 2017...

Bitcoin Block Size, Explained

Bitcoin Block Size, Explained Samuel Haig 2 HOURS AGO 0 Total views 1. What are blocks? 2. Why does block size matter? 3. Why increase the block size? 4. What was BIP101? 5. Which block size increase proposals garnered community support? 6. What is SegWit? 7. Why did Bitcoin fork and split? 1. What ..

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