‘Why is My Bitcoin Transaction Taking So Long?’ Here’s Why
Maybe you haven’t noticed it, but I know I have. My Bitcoin wallet has recently taken longer and longer to receive a Bitcoin payment, have advised me of a delay, and sometimes even told me why I am still waiting. This wasn’t happening 2-3 months ago, but the issue of Blockchain delays for transactions has been happening off-and-on all year long. It is a two part problem, from what I can gather, so let’s review the main factors and potential solutions. Block size debate was kicked down the road. In the summer of 2015, the block size debate was all the rage, as the Bitcoin protocol showed....
Related News
Bitcoin has broken back above the $27,000 level during the past day, but if on-chain data is to go by, this surge may not last for long. Bitcoin Investors Are Taking Profits At Highest Rate In 3 Months According to data from the on-chain analytics firm Santiment, there is a chance that a short-term correction could happen for the cryptocurrency. The relevant metric here is the “ratio of daily on-chain transaction volume in profit to loss,” which, as its name suggests, tells us about how the profit-taking volume compares against the loss-taking volume on the Bitcoin network....
The crypto market has been rallying over the past week. However, the market seems to be uncorrelated with the events taking place in the political arena, as cryptocurrencies, developers, and almost any entity involved in a transaction with these asset classes could be affected by the infrastructure bill currently debated in the U.S. Senate. Estimated […]
Bitcoin Foundation Chief Scientist Gavin Andresen has outlined the details of new floating transaction fees to be included in the code of the next Bitcoin Core release. In a new post on the official Bitcoin Foundation blog, Andresen stated that the updated code will enable "smarter" fees that account for the length of time it takes to confirm transactions on the bitcoin network. Ultimately, the new code will determine transaction priority, making sure that transactions confirm more efficiently. Andresen cited needless complexities within bitcoin's transaction fee code as the reason for the....
Here's what we are looking at for this evening’s session in the bitcoin price charts. Ok, so this is where things stand. The bitcoin price took us out of our predefined range momentarily a little earlier on today, and according to the intraday strategy we described this morning, put us long in the markets. However, before the charts could form another candle, price returned to trade within the range, and took out our stop for a small loss on the first trade of the week. Since the taking out of our stop, price has remained relatively flat, and we are going to tighten things up a little for....
Two tokens are gaining traction among investors—Mpeppe (MPEPE) and Helium (HNT). While Helium (HNT) has long been favored for its innovative approach to decentralized wireless networks, it is now taking second place to Mpeppe (MPEPE). With its unique blend of De-Fi integration and gaming utility, Mpeppe (MPEPE) is stealing the spotlight. Let’s dive into why […]