Sentences with phrase «slow confirmation times»

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.

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.

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:

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.

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).

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.

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.»

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.