How to Check the Bitcoin Price, Hashrate, Data – The 21 ...

Ethereum is processing the equivalent of nearly the triple of bitcoin-size transactions per day, by less than half the fees • r/ethereum

Ethereum is processing the equivalent of nearly the triple of bitcoin-size transactions per day, by less than half the fees • ethereum submitted by antiprosynthesis to btc [link] [comments]

Ethereum is processing the equivalent of nearly the triple of bitcoin-size transactions per day, by less than half the fees

On July 4, Ethereum processed 15,136M gas units (source: https://etherscan.io/chart/gasused).
A standard bitcoin-size transaction on Ethereum uses 21,000 gas units.
This means that Ethereum processed the equivalent of: c. 720,000 bitcoin-size transactions.
Bitcoin confirmed 255,483 transactions on July 4 (source: https://blockchain.info/charts/n-transactions)
While the average transaction fee on bitcoin is more than the double of ethereum's (source: https://bitinfocharts.com/comparison/transactionfees-btc-eth.html)
submitted by aribolab to ethereum [link] [comments]

Bitcoin size analogy perspective

Bitcoin size analogy perspective submitted by zxx5 to Bitcoin [link] [comments]

Ethereum is processing the equivalent of nearly the triple of bitcoin-size transactions per day, by less than half the fees • r/ethereum

Ethereum is processing the equivalent of nearly the triple of bitcoin-size transactions per day, by less than half the fees • ethereum submitted by antiprosynthesis to CryptoCurrency [link] [comments]

Ethereum is processing the equivalent of nearly the triple of bitcoin-size transactions per day, by less than half the fees

Ethereum is processing the equivalent of nearly the triple of bitcoin-size transactions per day, by less than half the fees submitted by Enigma735 to ethtrader [link] [comments]

Panicky Butters fly off the handle when informed that Ethereum processes nearly 3x(!) the amount of Bitcoin-sized transactions per day, on less than half the fees!

Panicky Butters fly off the handle when informed that Ethereum processes nearly 3x(!) the amount of Bitcoin-sized transactions per day, on less than half the fees! submitted by Mr_Yukon_C to Buttcoin [link] [comments]

US Government to Sell Bitcoin Sized from Dark Web Dealer

US Government to Sell Bitcoin Sized from Dark Web Dealer submitted by kevinintrepid to Bitcoin [link] [comments]

Ethereum is processing the equivalent of nearly the triple of bitcoin-size transactions per day, by less than half the fees r/ethereum

Ethereum is processing the equivalent of nearly the triple of bitcoin-size transactions per day, by less than half the fees ethereum submitted by BitcoinAllBot to BitcoinAll [link] [comments]

US Government to Sell Bitcoin Sized from Dark Web Dealer

US Government to Sell Bitcoin Sized from Dark Web Dealer submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Blockchain Grows to 300 Gigabytes in Size

Bitcoin Blockchain Grows to 300 Gigabytes in Size submitted by SaneFive to Bitcoin [link] [comments]

How Monero Solved the Block Size Problem That Plagues Bitcoin — LocalMonero

How Monero Solved the Block Size Problem That Plagues Bitcoin — LocalMonero submitted by Alex_LocalMonero to Monero [link] [comments]

Bitcoin blocksize less than the size of a floppy !?

Do core developers really believe that a block size of 1MB is sufficient for a global currency when it is fully adopted? It is less than the size of a floppy disk to record nearly 10mins of global transactions!?
It does not matter if lightning succeeds or not, the bottom line is that the artificial and honestly ridiculous block size limit has almost killed Bitcoin scalability.
I am not pro bch or anti btc, I am just a normal guy who wants to see crypto succeed. At this moment though, Bitcoin cash is the clear winner.
submitted by cryptomhanks to btc [link] [comments]

Bitcoin Blockchain Grows to 300 Gigabytes in Size

Bitcoin Blockchain Grows to 300 Gigabytes in Size submitted by SaneFive to CryptoCurrencies [link] [comments]

Mike Hearn: “If the Bitcoin community doesn't establish systems for containing this conflict it will arise again over some issue that appears superficially different to the block size debate, but underneath looks much the same.”

Mike Hearn: “If the Bitcoin community doesn't establish systems for containing this conflict it will arise again over some issue that appears superficially different to the block size debate, but underneath looks much the same.” submitted by mkgll to btc [link] [comments]

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How Monero Solved the Block Size Problem That Plagues Bitcoin — LocalMonero

How Monero Solved the Block Size Problem That Plagues Bitcoin — LocalMonero submitted by Alex_LocalMonero to CryptoCurrency [link] [comments]

Expressing block sizes in vbytes (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

How Monero Solved the Block Size Problem That Plagues Bitcoin — LocalMonero

How Monero Solved the Block Size Problem That Plagues Bitcoin — LocalMonero submitted by Alex_LocalMonero to xmrtrader [link] [comments]

Noob question: What would be the problems by doubling the bitcoin block size and consequently making the average transaction fees halve?

Miners I think would still get the same reward, there will be more transaction capacity and less fees. So what are the problems that are stopping that from happening?
submitted by qlpxumni to btc [link] [comments]

Comprehensive Report on Bitcoin-Mining Machine Market 2020 | Size, Growth, Demand ... (current BTC/USD price is $10,587.64)

Latest Bitcoin News:
Comprehensive Report on Bitcoin-Mining Machine Market 2020 | Size, Growth, Demand ...
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

Bitcoin Blockchain Grows to 300 Gigabytes in Size

Bitcoin Blockchain Grows to 300 Gigabytes in Size submitted by SaneFive to bitcoin_uncensored [link] [comments]

Nano-sized news about Bitcoin - CoinGeek

Nano-sized news about Bitcoin - CoinGeek submitted by Deadbeat1000 to bitcoincashSV [link] [comments]

Bitcoin Q&A: Scaling and the block size debate - YouTube BITCOIN SIGNET RING! Made custom to your size. - YouTube Bitcoin Fundamentals: Block Size, Bitcoin Scalability, & SegWit Quick Tour of Medium Size Bitcoin Mining Facility Bitcoin's size compared to Banking System

Bitcoin mining is undergoing a fundamental shift, as evidenced by yesterday’s mining of the largest sized block yet. Last night’s (UTC time) record-breaking block (#505,225) came in at 2.18MB. Such sizes continued overnight, with several blocks recording sizes in excess of 2MB. The initial record was in fact short-lived, with block #505,253 – totalling 2.22MB […] Bitcoin Cash and Bitcoin SV rarely approach full block capacity, and on a typical day, their average block sizes are much lower than those found on Bitcoin. Additionally, both blockchains have much lower transaction volumes than Bitcoin, as shown below. Bitcoin (BTC) The king of cryptocurrencies and the market capital leader. Ethereum (ETH) The smart contract leader and 2nd largest cryptocurrency. Bitcoin Cash (BHC) Hardfork of Bitcoin, increasing block sizes. Ability to process more transactions. coming soon. Simple, private and secure service . You'll love the comfort that comes with ... This issue led to a rift within the Bitcoin community who were conflicted as to the best way to solve this scaling issue. A small but vocal group felt the need to maintain 1MB block sizes, and work on off-chain settlement layers - still in development today. They wanted to shift Bitcoin away from electronic cash into a collectible settlement layer. The storage size of the Bitcoin Cash (BCH) blockchain is increasing with every additional block, at a rate of: (size of the last block) / (time to mine the last block) Tools. Link to Chart. Markdown / Reddit Link. Embed Chart. Download Data Download CSV File

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Bitcoin Q&A: Scaling and the block size debate - YouTube

As Bitcoin grows, its blocks are starting to fill up, and thus discussion has been ongoing on how to best handle this. The block size limit is current 1mb per block, 4mb, 8mb and 20mb limits per ... Bitcoin is changing the way we look at money. As we go through changes in our society we are seeing the importance of cryptocurrency in our lives. Cryptocurr... Bitcoin's size compared to Banking System CryptoClarity. ... In this video I compare Bitcoin's daily transaction volume to the current Banking Systems daily transaction volume and try to present ... This Bitcoin mine is still small to medium, with the capability to have up to 1200 servers. Quick overview tour showing electrical power, cooling flow, and how the Bitcoin miners are connected. If you use responsible risk management, you won't be stressed out if a trade doesn't go your way, and you won't feel the need to stay glued to your computer ...

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