Sentences with phrase «slow confirmation»

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

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

While miner revenue is certainly adequate, the user experience is severely degraded because of slow confirmations and high fees, and this is definitely not attractive or conducive to growing the user base.

Briefly turning to confirmation politics, Joyce noted a virulent hyper - partisanship that has slowed confirmation for almost all of the new administration's nominees.

This led to a period of high fees and slow confirmations which fueled the scaling debate.

We also wrote about the Senate's slow confirmation process and conducted an interview with Córdova on her decision to accept the nomination.

«That is the whole point, to solve [bitcoin's] slow confirmation block time and high fees that make it difficult for smart contracts and some appcoin models.»

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.

Stripe cites slow confirmation times and high fees as the reason for its abandonment of Bitcoin as a payment method:

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.

The company announced that the switch was due to high fees and slow confirmations, two problems that Ethereum offers a solution to.

In Bitcoin Magazine's previous article on this topic, we explained why Bcash mining should normally not affect Bitcoin too much, aside from the incidental higher fees and slower confirmations.

Bitcoin's slow confirmations are already solved by Primecoin, whose blocks take one minute to confirm.

Bitcoin upgrades are implemented democratically, but the block size fight has resisted consensus solutions, even as the problem it seeks to address — slow confirmation of Bitcoin transactions — has become increasingly serious.

All of the recent problems associated with the scaling of Bitcoin (such as increasing TX fees and slower confirmation times) have made it more difficult for crypto enthusiasts to gamble online, as the options for casinos who support cryptocurrencies like LTC, DOGE and BCH is almost non-existent.

Bitcoin advocates have long championed Lightning as the crucial solution to the ongoing high transaction fees and slow confirmation times which have plagued the network since its mass uptake which began around one year ago.

While many cryptocurrencies have sought to address this concern by shortening block times, users are still subject to higher fees and slower confirmation times when the networks become congested.

Unfortunately, services such as BarterDEX have been shying away from supporting Bitcoin for atomic swaps due to the slow confirmation times and high fees that render the concept of atomic swaps rather useless.

Despite the fact that Oldenburg's company is in fact a Bitcoin wallet, the CTO says that he has become disenchanted with Bitcoin due to its high transaction fees and slow confirmation time, saying Bitcoin's current performance is «completely unreasonable.»

Kik made news when they announced their decision to move from the Ethereum to the Stellar blockchain, due to high transaction fees and slow confirmation times plaguing the Ethereum network (learn more about Stellar).

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.