Sentences with phrase «small daily transactions»

Not exact matches

The concern that the network hashrate will become too low is based on several assumptions and variables, including the number of daily transactions, the willingness of the users to wait for confirmations, the willingness of the users to pay small amounts, the behavior of the miners, the fee policies set by various wallets, the emergent consensus on acceptable fees by the mining community, and other factors, including what actually is «too low» of a network hashrate in the first place.

Litecoin has been designed to process the small transactions we make daily.

It's thus recommended to use both types of wallets — hot wallets to hold small amounts of bitcoin for daily transactions, and cold, or offline, wallets for storing larger sums.