Sentences with phrase «slow transactions»

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

It has slow transaction speeds and can be costly to send or convert into other currencies.

The updated shall reduce the network congestion that is considered to be the main cause for slow transaction processing and high fees.

This figure fell below half earlier in the year as investors diversified away from bitcoin while others became more annoyed by bitcoin's slow transaction process.

Having too many users means both can experience slower transactions and higher transaction costs.

The bitcoin network is currently overwhelmed with demand, which slows transactions and increases network fees.

While high fees and slower transaction fees are a major technical hurdle for bitcoin, another major crisis has emerged in the entire sector.

The high fees and slow transaction times of the original bitcoin are a deliberate but somewhat unfortunate design choice.

Currently in the testing stage, the Lightning Network is designed to solve bitcoin's problems of slow transaction speeds and high fees.

With huge investor participation, the Bitcoin blockchain network seems to have clogged up resulting in slow transactions speeds and higher costs.

Instead of the increased efficiency, enterprises have encountered impractically slow transaction volumes; instead of a transparent world with ultimate accountability, companies holding sensitive customer data faced regulatory concerns.

Going bellow the gas limit may slow your transaction down and you may miss the ICO window by not getting processed into the ICO.

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

Instead of the increased efficiency, enterprises have encountered impractically slow transaction volumes; instead of a transparent world with ultimate accountability, companies holding sensitive customer data faced regulatory concerns.

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

Many saw this as a sign of impending mainstream acceptance of Bitcoin as a payment method, but high fees and slow transaction confirmations have hobbled the network.

Other factors that may help explain the recent trend of slower transaction activity may include the absence of large megadeals being offered by sellers in the market.

By launching LitePay, Litecoin is delivering a system whereby businesses can accept cryptocurrency without having to worry about slow transactions or price volatility.

Even more baffling is the fact that people are trying to blame wallet providers on slow transaction times instead of the bloated blockchain.

The problem is, the game already accounts for more than 10 % of all transactions on the Ethereum blockchain, and is triggering far slower transaction times.

For example, one of the main reasons behind the creation of the first proof - of - stake mining system was the recognition that bitcoin would consume exorbitant amounts of energy if it ever got big enough, that it would face slow transactions and high fees, and that its volatility would make it hard to use as a real currency.

But recently, many of our readers have had issues with Kraken like slow transaction and customer support.

I previously discussed here on TNW the blockchain is already falling victim to its own popularity — with limited block sizes resulting in painstakingly slow transactions.

Among other things, the leading cryptocurrency has recently been struggling with a congested network, extremely slow transactions, and exorbitant transfer fees.

Concern about the bitcoin hard fork — a protocol designed to address slow transaction times as currency use increases — carried over from 2016 into 2017, a concern that gave many observers uncertainty about bitcoin's future.

This, tied to the influx of users on the network, has led to a backlog and bottleneck which in turns means slow transactions, and expensive ones to boot.

Sometimes blocks would be hours apart (for very slow transactions), and sometimes they would come along within a few seconds of each other (for very fast transactions, but rapid inflation).

Dash was created with a purpose to eliminating slow transactions and other problems in Bitcoin.

There is another downside to that Proof - of - Work that we haven't really talked about yet, and that's slow transaction throughput.

As the Bitcoin network struggle with high fees and slow transactions more nimble competitors are starting to make an impact.

The still pathetically slow transaction speeds of both bitcoin and ether magnify price spikes and corrections.

Things got really heated during Roger Ver's speech, especially when someone in the audience shouted that Roger was wrong and that the lightning network would solve slow transaction speed and high fees.

The pricing gap that has emerged in the commercial real estate market is shouldering much of the blame for slowing transaction volume.

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.

Going bellow the gas limit may slow your transaction down and you may miss the ICO window by not getting processed into the ICO.

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

Slow Transaction Processing: The bitcoin network handles less than two transactions per second.

But growing popularity has complicated the use of Bitcoin for everyday purchases due to a sharp increase in fees and slower transaction confirmation.

Investors worry that if they sell a property now they will lose out on any advantages provided by the GOP's proposed lower tax structure and are holding off selling, which is slowing transaction activity.

The network has historically been clogged and bloated with transactions, resulting in slower transaction and confirmation times.

Currently in the testing stage, the Lightning Network is designed to solve bitcoin's problems of slow transaction speeds and high fees.

Its рrеvious dесrеasе, in March 2016, was caused by the bitcoin scaling crisis that caused a period of slowing transaction speed and rising fees in the bitcoin network.

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

The Bitcoin Core (BTC) network is now synonymous with high fees, slow transactions and unreliability.

However, even though the ICO was a success, a lot of participants joined together in anger to lay blame to MyEtherWallet for not being able to participate due to slow transactions.

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

Both networks have suffered their fair share of bloat and congestion, leading to slow transaction and confirmation times on the network.