#bitcoin transaction

[pavel-nosok]

Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation

Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218 blocks must be processed to fully alleviate this congestion. Bitcoin’s Lingering Transaction Backlog Data collected on May 20, 2023, at 1:35 p.m. Eastern Time…

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[pavel-nosok]

Be[in]Crypto Video News Show: A Basic Guide on How Bitcoin Transactions Work

Be[in]Crypto Video News Show: A Basic Guide on How Bitcoin Transactions Work

In this episode of Be[in]Crypto’s Video News Show, host Juliet Lima goes into detail about what exactly happens during a Bitcoin transaction. At its most basic level, a Bitcoin transaction is simply a transfer of value between two wallets. This transfer that occurs is recorded on the Bitcoin blockchain. To send money from a bitcoin wallet, the sender must “sign” the transaction with his or her…

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[ttlyblogs]

Bitcoin is nothing but a type of cryptocurrency which was found in 2008 and was launched in 2009 by Mr. Satoshi Nakamoto. Bitcoin is a digital currency not a handheld physical coin. Bitcoin is most commonly called as “BTC”. Bitcoin uses a peer-to-peer network, without any mediators or any bank. It is an open-source platform […]

[pavel-nosok]

Bitcoin Makes Headlines In Cricket World But For Wrong Reasons

Bitcoin Makes Headlines In Cricket World But For Wrong Reasons

International Cricket Council (ICC), the international cricket governing body has concluded a corruption case concerning Zimbabwe International captain Heath Streak who has been banned for 8 years for passing on critical match day information to bookies.  Streak was found guilty of corruption charges and found to be involved in passing on information to bookies during his coaching stint. The…

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[kirara-1002]

The main advantages of the Bitcoin network 

http://tradeinspired.com/post/the-main-advantages-of-the-bitcoin-network

Bitcoin is one of the most popular cryptocurrencies that follows the peer-to-peer network...

[pavel-nosok]

What If You Could ‘Undo’ Your Bitcoin Transactions

What If You Could ‘Undo’ Your Bitcoin Transactions

It should be clear by now that Bitcoin transactions are irreversible and forever stored on the respective network that supports the consensus mechanism underlying a distributed ledger. Right?

In a 2019 publication entitled “Blockchain Usability Report“, FIO Foundation suggested that near 10% of responders to a relevant survey revealed they had at some time initiated a transaction leading to a…

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[digitalnotice]

Kirobo Finds A Way To Tackle Problems Related To Human Error In Bitcoin Transactions

Kirobo Finds A Way To Tackle Problems Related To Human Error In Bitcoin Transactions

Kirobo, an Israel-based blockchain startup, has announced that it has found a way to tackle problems related to human error in Bitcoin transactions.

It has been reported by the Fio Foundation that 55% of respondents reported experiencing stressful human errors when sending cryptocurrency and 18% reported loss of funds due to such errors.

However, Kirobo has invented “Retrievable Transfer,”…

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[cryptounit]

Pablo Escobar-linked Individual could be Satoshi Nakamoto

Cryptocurrency news from CryptoUnit - Read more - https://cryptounit.com/2020/06/08/pablo-escobar-linked-individual-could-be-satoshi-nakamoto/