Sentences with phrase «confirmation times»

For example, some altcoins have touted faster confirmation times; others claim to offer privacy enhancements.

Please note different currencies have different transaction confirmation times.

Some wallets use different recommended fee levels based on longer confirmation times.

Over the past few weeks, people have been complaining about high transaction fees and slow confirmation times on the bitcoin core network.

The time it will take for your funds to arrive varies according to the network confirmation time of each available cryptocurrency.

This is all done away from the blockchain initially so there's no need to worry about block confirmation times.

The average confirmation time for a Bitcoin transaction is 10 minutes, far too long for everyday use.

Perhaps most important is the shorter confirmation times for cash - out transactions.

In addition to changing bitcoin, it is possible that other cryptocurrencies that rely on low transaction costs and quick confirmation times as their main selling point could suffer.

It offers instant payments without the necessity to be worried about confirmation times.

These altcoins feature shorter confirmation times, which can be helpful in situations where a user wants to trade their cryptocurrency for physical cash.

The best way to strike a compromise between low transaction fees and decent confirmation times is to use an online tool you can find here.

The page shows different Bitcoin fees with the approximate confirmation time of the transaction.

Most clients wouldn't worry about a 3 - 4 hour confirmation time, and 99 % of the time you'll have your first confirmation within a few minutes.

The pace of transactions continues to rise while fees remain cheap and confirmation times come quickly for users.

The network can handle thousands of transactions a second with only a 3 - 5 second confirmation time.

In some cases, confirmation time ranged painfully from days to even weeks before payments were confirmed.

Please note different currencies have different transaction confirmation times.

This has resulted in slow confirmation times that often stretch several hours.

Notes: > 10 minute average confirmation time is due to hash rate fluctuations.

If that is the case, then higher transaction fees and long confirmation times reduce the incentive for participants to move money, leading to more «hodling,» theoretically reducing the supply and increasing the price.

Originally the team started off with an attempt to use the bitcoin core (BTC) network but fees and transaction confirmation times became unreliable.

Both SBI Group and nChain Group share a commitment to massive on - chain scaling of the bitcoin network, in order to create a network that powers faster transactions with low fees, makes confirmation times reliable once again, and achieves enterprise - level capabilities.

To make matters worse for Bitcoin Cash, they implemented an «emergency difficulty adjustment» which has caused wildly oscillating hashrate, unpredictable block confirmation times with up to twelve hours between blocks, and increased the rate of inflation so much that the BCC block reward halving may occur in 2018 instead of 2020.

If the average confirmation time goes to 20 minutes, it means that we will be at 140 % of capacity on every block, and start accumulating a backlog.

The decision comes only a few months after CoinDesk reported that Kik was thinking about moving its crypto token fully off ethereum and onto stellar due to high transaction fees and slow confirmation times plaguing the ethereum network.

Confirmation times vary based on blockchain network congestion.

Bitcoin has become digital gold — or a viable investment alternative — to many, but it has been harder for it to fulfill its original purpose of becoming digital money, as transaction fees have skyrocketed to as high as $ 50, while confirmation times took as long as a week at their peak.

If you're tired of Alexa chiming in with a verbal confirmation every time you ask her to do something for you, you're going to want to check out the new «Brief Mode» that >>

Reasons for this are the increasing transactions fees for using the Ethereum blockchain as well as the increasing confirmation times of these transactions.

High transaction fees and long confirmation times from the Blockchain will make it difficult to replace cash with the cryptocurrency, said Claasen, while speaking at a Startup Grind Cape Town event last Thursday.

Because of this, merchants get quicker confirmation times while still having chance to wait for more confirmations when selling larger ticket items.

Endeavoring to design a coin that was like silver compared to gold, Lee coded both LTC's confirmation times speed and total supply 4 times those of BTC's.

(Note that all bitcoin transactions are subject to a blockchain confirmation time, which ranges from 10 minutes to several hours, depending on how busy the network is.

O'Malley's simplified «creed,» if, by Confirmation time, just one of my little flock understood the meaning of those four theological propositions (never mind believing them with «a reasonable degree of certainty»), I would join Fr.

She said: «Offers are being discounted at confirmation time, and we can see that.

There's no need to scrabble around trying to find and forward booking confirmations every time you need them because you've already saved them in the HEHA!

Meanwhile, this cycle makes Bitcoin Cash confirmation times very unreliable.

Monero confirmation time is 2 minutes, but because of privacy reasons (AFAIK), your new coins can't be used before ten confirmations (correct me if I'm wrong).

Confirmation times depend on the transaction fee paid by the sender.

Some in the Bitcoin community believed this network congestion would effectively block new people from entering the Bitcoin ecosystem or at least turn off new users via higher fees and longer payment confirmation times.

However due to the increased popularity of the Bitcoin network confirmation times have increased quite a bit and can sometimes take op to an hour or more.

The end result of the Kadena blockchain is confirmation times under a minute and supports up to a jaw - dropping 12,000 transactions per second.

This system has no transaction fees, low confirmation time and is stable regardless the number of transactions since its technology is based on an innovative consensus model «Tangle.»

That means over the weekend BTC traders had nightmarish confirmation times, with transactions taking hours to complete.