Sentences with phrase «for slow transaction times»

, the user wondering if testing could be the cause for slow transaction times.

Coinbase has come under fire in recent weeks for slow transaction times, nonexistent support, and multiple server outages under high traffic.

Not exact matches

Bitcoin's slow transaction times have been a constant issue for the cryptocurrency, one which is linked to its scalability problem.

That slowdown could translate into slower transaction times, creating major headaches for people looking to broadcast transactions.

New adoption slowed to a crawl, and in 2017 the number of transactions on the network began to decline for the first time in Bitcoin's nine - year history.

However, in the unlikely event that the fork occurs and 85 percent of the hash rate moves to B2X, transaction times for BTC will slow significantly.

And transactions on the «original» Bitcoin network are likely to be slower and more expensive for some time.

SegWit, which promises a network expansion for reduced transaction fees and processing times, has been activated since August 24, 2017; however major companies and wallet providers have been slow to adopt it, leading to continued frustrations among Bitcoin users.

Recent events have highlighted and exacerbated some weaknesses of the network, according to Chaineum, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution.

Bitcoin's transaction fees have been racing sky - high in recent months, even as the completion times for each transaction slowed down.

Support for the Bitcoin scalability upgrade Segregated Witness (SegWit), which is designed to make transaction fees slower and transactions times faster on the Bitcoin network, was added to the latest Bitcoin Core client version released on Feb. 15, 2018.

According to the patent, PayPal is seeking to solve the problem of slow transaction times for cryptocurrency transactions, which has led potential cryptocurrency users to

That slowdown could translate into slower transaction times, creating major headaches for people looking to broadcast transactions.

Dorsey himself also admits that in its present state, Bitcoin does not fulfil his prerequisites for transactions, describing them as «slow and costly» despite recent huge reductions in both fees and waiting times.

When you look at the current state of bitcoin, the two primary arguments for the flagship digital currency fading away to insignificance are those outlined above — that the transaction times are too slow and that the fees are too high.

However, continuously scanning all deposit addresses for new transactions, added a heavy load on the system, causing the system to run slower for all users and was at times very unstable and unreliable and did not deliver the good customer experience we want to provide for our users.

Transaction verification times for BTC are painfully slow, often taking several hours.

Lastly, they believed that the cryptomarkets were highly competitive and that the main reason why bitcoin had been losing market share to altcoins was because of the high transaction fees combined with the slow confirmation times for bitcoin transfers.

Historically, that time of year is slower for sales because most buyers and sellers have already completed their transactions.

Up to 2014, despite a slowing down in property sales, the total value of transactions was still climbing; however, in 2015, the value of residential transactions dropped for the first time since 2009, and the same was expected in 2016.