The company cited unprecedented Bitcoin transaction volume and the resulting record -
high network congestion and miner fees as the reason for this change.
Not exact matches
However, The Bitcoin
network itself is still in the state of extremely
high congestion and some transactions still take a very long time to confirm.
We are upgrading our services to handle periods of
high Bitcoin
network congestion better.
Record
high transaction volumes are leading to
network congestion, in turn leading to slow loading times from services like ShapeShift.
The updated shall reduce the
network congestion that is considered to be the main cause for slow transaction processing and
high fees.
But hey, Lightning
Network is just around the corner which will significantly reduce the network congestion and solve the high fees
Network is just around the corner which will significantly reduce the
network congestion and solve the high fees
network congestion and solve the
high fees issue.
BTC.com has got some interesting features such as
network congestion and is responsible for blockchain innovations like full pay per share (FPPS) which is a system which gives
higher transaction fees to miners.
Bitcoin has been suffering from
high fees and slow transaction times due to the
congestion of the
network.
According to etherscan.io and their data on transactions in the Ethereum
network, the ecosystem faced unusually
high traffic that caused
congestion problems.
Many crypto enthusiasts have moved to altcoins due to bitcoin's
higher transaction fees and
networks congestion.
This growth has also led to record
network congestion and record -
high bitcoin miner fees.
The move by the conference is down to the relatively
high fees and slows speeds for the transactions as of late, partially down to the levels of
congestion on the
network.
Identified
network capacity shortages daily and provided
high bandwidth and dynamic designs to resolve
network congestion