Sentences with phrase «of slow transaction times»

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
Nonetheless, in light of the slow transactions times and high fees we witnessed in November and December of last year, this is a welcome sight to the active bitcoin community who actually use bitcoin as a spending currency and to send money abroad.

Not exact matches

A significant portion of the Bitcoin community was unhappy with the large transactions costs and slow processing times that were crippling the digital currency.
In a recent interview with CNBC, the former president of PayPal pointed to perceived issues with existing cryptocurrencies, specifying high transaction fees and slow transaction times as reasons why the product isn't likely to introduce the -LSB-...]
All across the Bitcoin landscape, transactions were slow and users were frustrated as the network experienced some of the highest trading volumes of all time.
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.
I think it's surprising because some people thought that private «distributed ledger technology» would be the panacea to cure us of all the «ills» of public blockchains (total transparency of network, mining and potential centralization, anonymous actors and the slow speed of transaction times)- however we have seen that is not the case.
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.
Stripe said it will stop accepting Bitcoin as a payment method because of the currency's volatility, slow transaction times and ever - increasing processing fees.
Because of the rapid increase in price the Ethereum network experienced a significant traffic inflow from new users that have slowed down the transaction time.
We say «dying» because although Bitcoin has been pulling in new investors, new «users» have been remaining at bay because of BTC's slow processing times and rising transaction fees.
Those who support bitcoin cash claim that the transaction fees and general slow confirmation times of bitcoin have caused it to fail in its intended purpose.
Bitcoin Core implemented Segwit, but the percentage of their usage is disappointingly low even after all this time — both with users and software — which is why Bitcoin transactions are still so slow and expensive.
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.
Ethereum is under pressure to keep up with the rising popularity of the platform, which has led to slower transaction times and high processing fees.
Even more baffling is the fact that people are trying to blame wallet providers on slow transaction times instead of the bloated blockchain.
These difficulty oscillations are making block creation times very slow on the Bitcoin Cash network and are also resulting in a growing backlog of transactions in Bitcon as well.
Many users complain of slow or unresponsive customer support, delayed transaction times, slow ID verification, etc..
Bitcoin has been suffering from high fees and slow transaction times due to the congestion of the network.
It is part of a collaborative attempt to provide a solution to the slow processing time that traditional Bitcoin requires to process transactions.
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.
This increase is testing the limits of the network and resulting in much slower than normal transaction times.
Having instant transactions with no fees is clearly a huge selling point, particularly when you see some of the problems that Bitcoin has faced with slower and more expensive transactions in recent times.
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.
Long - term care has experienced a dip in M&A, but after nearly three straight years of 80 + transactions per quarter (starting in Q3: 2014 with 83), with a couple exceptions, it is about time the M&A juggernaut slows down a bit.
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