Bitcoin’s median transaction fee lowest since 2011 — nearing BCH

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Bitcoin’s median transaction fee lowest since 2011 — nearing BCH
By Neer Varshney


The transaction fees and time involved with Bitcoin have been some of the biggest hurdles in the adoption of the cryptocurrency as a medium of exchange. While multiple cryptocurrencies have emerged touting themselves as the solution — without actually providing any — things seem to be getting better for Bitcoin meanwhile. The median transaction fee rate for Bitcoin has been some of the lowest since 2011 in the last three months. As per transactionfee.info statistics, the median fee rate for Bitcoin hit the lowest on April 4 and 5 at 6.86 satoshi/bytes (sat/B). The fee rate increased to 39.29 on April…

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May 28, 2018 at 05:00PM
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