BTCC Launches BlockPriority Feature To Give Customers Transaction Confirmation Advantage
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....
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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....
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....
The limited edition BTCC Mint V Series Physical Bitcoin is a collector's dream. These highly secure, exclusive physical bitcoin are now for sale on the company's website. BTCC, the leading Bitcoin exchange has introduced a new range of physical bitcoins made out of pure titanium. The BTCC Mint Physical Bitcoin is a collectible item which contains newly mined fresh bitcoins with no transaction history associated with it. Launched few days ago, the BTCC Mint V Series physical bitcoins are lightweight and durable with a fine silvery grey finish which makes it look attractive. Apart from being....
"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....
Transactions are committed to the block chain about every 10 minutes. Zero confirmation transactions do not reside in a block yet. Instead, they reside in the memory pool of miners. Until a block is mined that includes the transaction, it is said to have 'zero confirmations.' Once included in a block and written to the block chain the transaction has one confirmation. Confirmation time is a measurement of a transaction's depth or age, in the block chain; the higher the number of confirmations, the older the transaction. When transactions are first broadcast to the network, they are zero....