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    Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog

    • Post author:MiamiCrypto
    • Post published:June 27, 2024
    • Post category:Bitcoin Fees/Blockchain/blockchain efficiency/Fee market/Mempool Congestion/network capacity/protocol improvements/scalability issues/scaling solutions/transaction backlog

    Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed…

    Continue ReadingDespite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog
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