Category: Fees

OKEx to accelerate Bitcoin transactions with Lightning Network

OKEx to accelerate Bitcoin transactions with Lightning Network

As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate. 3563 Total views 19 Total shares Global cryptocurrency exchange OKEx is moving to cheaper and faster Bitcoin (BTC) transactions with its upcoming Lightning Network integration. According to a Feb. 2 announcement, OKEx’s Bitcoin Lightning Network will be […]

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How do you use a block explorer?

How do you use a block explorer?

A blockchain, in its essence, provides a digital record of transactions. At present, this most often pertains to transaction records for cryptocurrencies like Bitcoin (BTC). The database of records, called blocks, is often touted for its transparency and immutability. But what do these features really mean? If you want to analyze a blockchain transaction, you […]

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Ethereum Fees Plummeted 65% in October as DeFi Volumes Fell Back to Earth

Ethereum Fees Plummeted 65% in October as DeFi Volumes Fell Back to Earth

(SunnyGraph/Shutterstock) Miners’ income from processing transactions on the Ethereum blockchain more than halved in October as the mania for decentralized finance (DeFi) cooled. Ethereum users paid $57.49 million in transaction fees in October – down 65% from September’s record monthly tally of $166.39 million, according to data source Glassnode. “Transaction costs declined as volumes on […]

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Transaction fees, explained

Transaction fees, explained

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