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Bitcoin Cash Transaction Fees Were Less Than a Cent Throughout Most of 2018

The BCH network continues to truck along in 2019 and with it come the cheap and lightning fast transactions supporters talk about all the time. Over the last 10 months, the median average for daily BCH miner fees has not risen above a penny. Typically, a transaction of 236 bytes or less costs the sender … Continue reading Bitcoin Cash Transaction Fees Were Less Than a Cent Throughout Most of 2018

Bitcoin Payments Down 80% in 4th Quarter of 2018: Chainalysis Data – P. H. Madore

Citing Chainalysis data, Reuters is reporting that Bitcoin retail payments were down 80% in September, and no mention of a rebound was present. Several things are to blame, including scalability of Bitcoin transactions (and the expensive nature of them as a result) and the volatility of the currency itself. In order to have mass adoption … Continue reading Bitcoin Payments Down 80% in 4th Quarter of 2018: Chainalysis Data – P. H. Madore

Survey: Fifth of Brits Believe Bitcoin Will Be the Currency of the Future – Julie Williams

Bitcoin as a financial instrument has been in existence for quite a long while (since around 2008). It has revolutionized the way financial transactions are being carried out in many sectors across the globe. This is because it possesses the following properties: It is irreversible: After confirmation, a transaction cannot be reversed, whether by you, … Continue reading Survey: Fifth of Brits Believe Bitcoin Will Be the Currency of the Future – Julie Williams

Stop Using “Transactions Per Second:” Bitcoin’s More Than That -Nigel Dollentas

While bitcoin serves many functions, one its most substantial uses is as a payment system. Typically the metric that has been used to compare Bitcoin to companies like VISA, Paypal, or even newer blockchains that tout higher transaction capacity, is through how many transactions the system can handle, usually seen as transaction per second (tps). … Continue reading Stop Using “Transactions Per Second:” Bitcoin’s More Than That -Nigel Dollentas

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