Sentences with phrase «transaction times»

Transaction times refer to the duration it takes for a business transaction to be completed or finished. It measures the amount of time required from the start to the end of a particular transaction or process. Full definition
Customers in those countries will now see faster transaction times.
The high fees and slow transaction times of the original bitcoin are a deliberate but somewhat unfortunate design choice.
The article notes that to see cryptocurrency develop, this problem of transaction times will need to be resolved.
The intention is to reduce transaction times and the fees involved.
It is a kind of cross-border payment system without any sort of drawbacks like longer transaction times and high rate of fees.
The result was the reduction in transaction time to less than one second.
One of the biggest concerns facing the cryptocurrency world is the rapid growth of transaction fees, and the constantly increasing transaction times.
Instead of dealing with the entire history of bitcoin transactions every time, it makes a shelf for easier access to the information needed for this specific transaction.
Instead, it focuses on paired trades between cryptocurrencies, providing a sleek interface and quick transaction times.
As the real world and the crypto - world build more links between each other, the more attributes like short transaction time and low fees will dominate people's daily behavior.
The same goes for selling services and goods in exchange for crypto: could be taxable, could be not, could be taxable at transaction time, could be taxable at conversion time.
The move was designed to make the menu more customer friendly as well as to improve transaction time and staff efficiency.
The blockchain has the potential to cut down transaction time from as much as 15 days to mere hours.
This is arguably one of the most important updates to blockchain technology ever as it aims to markedly decrease transaction times.
The cryptocurrency mostly targets banks as they provide banks with a way to reduce costs and transaction times when conducting international transactions.
The fees paid per transaction every time a merchant makes a «call» to a payment processing system to authorize a customer's purchase when using their credit card.
This increase is testing the limits of the network and resulting in much slower than normal transaction times.
This means that ethereum transaction time will be faster, and miners will be paid less for their efforts.
Considering current bank transaction times of up to five days not to mention the enormous fees as compared with any cryptocurrency transactional, blockchain payments would be instant and cheaper.
My bank and broker let me enter transactions any time, but they don't execute until the next business day, if it's already after hours.
It offers completely anonymous payments and a 30 - second transaction time, and it's currently available on a number of cryptocurrency exchanges.
This produces higher fees per transaction and more transaction times.
This was in the context of the massive increase in fees and transaction times over the weekend.
Coinbase transaction times depend on your country and the payment method you will use.
What's worse, slow transaction times made paying in bitcoin a hassle.
Furthermore, longer transaction times removes emotional trading in real estate, and there's more visibility into expected earnings from a real estate investment.
Don't let holiday bills and longer transaction times leave you in a financial hole.
That allows faster transaction times and the reduction of fees.
, the user wondering if testing could be the cause for slow transaction times.
It has some of the lowest fees in the industry, while its platform is capable of handling a large volume of trades without suffering a significant slowdown in transaction times.
Chinese miners going offline would reduce hash rate which would increase bitcoin transaction times and fees.
This essentially removes the dependence on the mining community, thus permitting smoother and quicker transaction times.
The volatility, high fees, and long transaction times all but assure most merchants will stay away.
But Schultz has no interest in bitcoin, having shunned the cryptocurrency likely for lengthy transaction times and hefty fees that have plagued the network.
Coinbase and its trading platform, Global Digital Asset Exchange (GDAX), had both recently announced the support of Segregated Witness (SegWit), a Bitcoin (BTC) scalability upgrade, to reduce transaction times for their customers.
PayPal has filed a patent to speed up cryptocurrency transaction times by eliminating the verification time of payments.
It allows for a less governed payment system, nonetheless, Nano still obtains extremely fast transaction times as well as virtually nonexistent fees.
The offshoot cryptocurrency, which launched in August 2017 in response to slow transaction times on the original Bitcoin, was one of the best market performers on Friday after boosts in support and an overall confidence in future prices.
This speedy transaction time has helped Litecoin capture the interest of true digital currency enthusiasts seeking the optimal peer - to - peer currency.
According to Brad Garlinghouse, CEO of Ripple, an average transaction time in the Ripple system is 3.7 seconds, while the bitcoin network's average transaction takes 1 - 2 hours.
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Bitcoin Cash helped speed up BTC transaction times while decreasing the cost to transact.
By 2015, the value of Bitcoins had increased substantially and average block size had reached 600 bytes, creating a scenario in which transaction times could run into delays as more blocks reached maximum capacity.
This means that GreenAddress users are among the first to benefit from lower fees and faster transaction times enabled by the long - awaited protocol upgrade.
Another reason why Verge looks like a very promising cryptocurrency is the Simple Payment Verification technology, which helps to keep transaction times down to around five seconds.
Originally the author was not a fan of BTC having just watched Bitcoin Cash (BCH) perform a successful fork that greatly sped up transaction times while reducing transaction costs.
Users with multiple payment channels open — for example, one could stay open with a coffee shop, while another could pay for streaming TV — normally have to «rebalance» the channel via on - chain transactions every time a channel runs out of bitcoin.
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