Not all banks appear to be complying with the Supreme Court’s ruling in favor of providing services to crypto-related firms.
Most of you might have asked why do you need to pay transaction fees on the Ethereum network?, or why your transaction is failing and what can you do to make it successful and/or quicker?, how is defined the transaction cost? What is gas price and gas limit? All these questions will be answered in […] More
South Korean startup claims to have developed a new technology that could reduce blockchain transaction times to fractions of a second.
Binance uses a process known as payment batching in order to reduce transaction fees to a bare minimum. By squeezing as many outputs as possible into a single transaction, Binance is able to cut transaction fees by as much as 80%. Binance also opts to maintain a legacy input address, which actually makes payment batching more cost-effective than a SegWit address. Binance’s 0.0005 Bitcoin withdrawal fee is around 33 times higher than the fee required to ensure transactions are mined on the next block.