BTCC Lowers Confirmation Times With BlockPriority
Bitcoin exchange BTCC has added a new service to its platform that prioritizes bitcoin transaction confirmations. From now on, users will experience lower confirmation times. BTCChina, the oldest, and one of the largest Bitcoin exchanges in the country, has developed BlockPriority; a new service that allows its users (even those that pay zero transaction fees) prioritized confirmations in transactions to and from BTCC wallets. BlockPriority is also designed to grant fast confirmations when the Bitcoin network is under stress or during spam attacks. The service comes free of charge for all....
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BTCC, the Chinese bitcoin conglomerate, has launched a bitcoin service that prioritizes bitcoin transaction confirmations for its customers, the company announced on its website. The BlockPriority service expedites confirmations of bitcoin transactions sent through BTCC services even when the bitcoin network is stressed or facing spam attacks. BlockPriority is available only to BTCC users, said Samson Mow, the company's chief operating officer. BTTC automatically provides the service to its customers with no additional charge. The service works by submitting bitcoin transactions sent to or....
The newly rebranded BTCC Bitcoin exchange has announced a new feature for its customers. BlockPriority, as the feature is called, has been designed to prioritize BTCC customers” transaction confirmations, giving them an advantage over any other Bitcoin user in the world. Whether or not this is a positive trend,remains to be seen, and one can rest assured there will be quite a few debates about this move in the not-so-distant future. The way Bitcoin transactions work, there has always been somewhat of a priority curve. Those users who include a transaction fee have a better chance of....
BTCC, a major Chinese Bitcoin exchange, recently launched a new USD-to-Bitcoin exchange. Upon its successful US debut, the company announced its support for Ethereum Classic over ETH. On July 26, the Ethereum development team completed its hard fork to protect investors against the DAO attack. Almost immediately after the hard fork execution, Ethereum Classic emerged, to maintain the original governance model of Ethereum. Leading Bitcoin exchanges, including Kraken and Bitfinex, have supported both Ethereum Classic and Ethereum since, considering large market caps of both ETC and ETH.....
"It's both a liabilty and an opportunity." At least that's how BTCC CEO Bobby Lee describes his Shanghai-based bitcoin exchange startup's affiliation with its domestic market. Formerly known as BTC China, BTCC markets itself as the "world's longest-running bitcoin exchange", but it's now taking steps to expand its customer base internationally. BTCC announced today that it is launching a new service BTCC USD Exchange, one that boasts a new user-interface and that is operated by a separate legal entity. Run out of Hong Kong, the US dollar trading arm will complement....
BTCC clarified that all operations at BTCC are normal and they continue to actively work with regulators to ensure that they remain compliant. BTCC opened up about the visit by a group of regulators consisting of the Shanghai branch of the People’s Bank of China, the Shanghai Financial Affairs office, and other related government agencies to its offices on January 11th, 2017. BTCC clarified that all operations at BTCC are normal and they continue to actively work with regulators to ensure that they remain compliant. The visit was a follow up on prior discussions and shared details about....