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September 23, 2020
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Bitcoin

Bitcoin, soaring fees, half-life


Bitcoin fees are soaring Bitcoin fees are continuing to soar. After May 12, when the half-life ended, Bitcoin’s fees soared to the $ 5 level. It has reached 10 times the level of the average fee of about 0.5 to 6 dollars in 2020. The reason is the increase in transactions and the confusion of network transactions after the half-life. Bitcoin, which has a capacity limit of one block, will be processed by prioritizing each transaction when the allowable amount is exceeded. Miners who perform mining based on economic principles, in order from the highest mining fee (commission) …

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