Sentences with phrase «claims an average transaction»

«Ripple claims an average transaction on its network takes between two and three seconds to process.

Not exact matches

In addition, the average fee cost for a Bitcoin transaction has climbed to nearly $ 5, going against the initial claims by Bitcoin proponents that the currency would be faster and cheaper to use than existing credit cards.

Where Bitcoin's transaction speeds average 7 transactions per second, new blockchain - based currencies are already approaching thousands of transactions per second; Bitshares claims they can process 100,000 per second.In fact, a newspaper in Winnipeg, Canada, has already begun to use a micropayment system to charge per article for its news content and projects earning over $ 100,000 in digital revenue.Blockchain could tilt the balance of power towards individuals, not publishing powerhouses.As mentioned previously, YouTube and Medium have dramatically increased content creators» access to audiences and established a more democratic, popularity - based promotional scheme.

Apparently, one of the biggest feathers in Amazon's developer friendly cap is its in - app purchasing system, which it claims generates more than twice the revenue of the average paid app transaction.

During 2007 through 2014 the average annual cost of these claims was $ 5,935 per civil litigation practitioner, an amount far in excess of what was collected in premiums (including civil litigation transaction levies).

The crypto space is full of frustration and vitriol on the topic, as the average transaction fee has soared to $ 19, turning bitcoin's old claim to fame as a cheaper online payment method into a laughable assertion.

Self - dealings by insured agents often carry much higher risks than the typical transaction, with claims for cases involving first - party players paying out, on average, up to five times more than those resulting from standard third - party affairs.