backlog – Miami Crypto Coin

Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows

Post author:MiamiCrypto
Post published:May 9, 2023
Post category:backlog Bitcoin controversy Cryptocurrency high fees lightning network Mempool News Onchain Activity scaling challenges social media Transactions Transfer Fees

This week, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the…

Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

Post author:MiamiCrypto
Post published:May 7, 2023
Post category:Attack backlog Bitcoin Bitcoin Miners Blockchain Cryptocurrency DDoS Financial Technology lightning network Mempool Network Congestion News Transaction Fees Unconfirmed Transactions

In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in…

Circle clears ‘substantially all’ minting and redemption backlog for USDC

Post author:MiamiCrypto
Post published:March 16, 2023
Post category:backlog Circle Circle USD minting redemption update USDC

The stablecoin issuer says that from March 13 and March 15, it redeemed $3.8 billion USDC and minted $0.8 billion USDC.