Sentences with phrase «unconfirmed transactions grows»
When there are more transactions occurring than the network has the capacity to process, fees go up and the memepool of unconfirmed transactions grows.
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With the number of bitcoin transactions increasing as bitcoin's popularity grows, transactions take longer as the unconfirmed transactions pool increases.
In recent months, the pool of unconfirmed transactions on the bitcoin network has been growing to astounding levels, often exceeding 400,000 transactions.