Bitcoin Blockchain Ethereum Adoption Bitcoin

Bitcoin transaction fees are down by over 50% this year

Reading now: 617
cointelegraph.com

According to YCharts data, the average transaction fee of Bitcoin (BTC) has dropped from $4.40 to $1.80 this year, a decrease of 57.97%.

This rise may be attributed to a variety of factors. One explanation is that the fast expansion of the Bitcoin Lightning Network, in which transactions are off the blockchain, may have been a catalyst.For perspective, the Bitcoin network charges a fee for each transaction.

Read more on cointelegraph.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA