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CATEGORY: transaction costs

Vitalik Buterin proposes Ethereum gas model overhaul
Author: Cointelegraph by Prashant Jha
United States
Source: Cointelegraph.com News
May 15, 2024 12:00

Vitalik Buterin proposes Ethereum gas model overhaul

Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data.

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Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 31, 2023 10:30

Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction

According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees have fallen below the $1 threshold for each transaction, and as of July 31, 2023, the average [...]

The post Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction appeared first on Crypto Breaking News.

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