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CATEGORY: onchain fees

Charting Bitcoin’s Predictable Course: A Comprehensive Review of the Next 29 Reward Halvings
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 22, 2023 10:30

Charting Bitcoin’s Predictable Course: A Comprehensive Review of the Next 29 Reward Halvings

In under 280 days, Bitcoin’s blockchain will undergo its fourth reward halving event, slicing the block subsidy from 6.25 BTC to 3.125 BTC. The crypto community is abuzz with chatter, contemplating how these substantial decreases in block rewards will transpire over the ensuing two decades, and speculating on how miners will cope with the impending [...]

The post Charting Bitcoin’s Predictable Course: A Comprehensive Review of the Next 29 Reward Halvings appeared first on Crypto Breaking News.

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Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 14, 2023 10:20

Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion

In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today, that number has been reduced to 263,406. Currently, 184 blocks need to be cleared to [...]

The post Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion appeared first on Crypto Breaking News.

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