Interest, Fee, Economics, Mining, Credit card, Money

Ethereum cumulative fees in 2020 eclipsed Bitcoin’s for the first time

On Sep 28, 2020
@Cointelegraph shared
There were days in 2020 when Ethereum miners collected more in fees than in block rewards, achieving one of Bitcoin's key long-term goals. https://t.co/GSULpnaeoz
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One type of "flippening" finally happened, but only miners are feasting.

cointelegraph.com
On Sep 28, 2020
@Cointelegraph shared
There were days in 2020 when Ethereum miners collected more in fees than in block rewards, achieving one of Bitcoin's key long-term goals. https://t.co/GSULpnaeoz
Open

Ethereum cumulative fees in 2020 eclipsed Bitcoin’s for the first time

Ethereum cumulative fees in 2020 eclipsed Bitcoin’s for the first time

One type of "flippening" finally happened, but only miners are feasting.

Ethereum Transaction Fees Are Reaching Highs Not Seen Since 2015

Ethereum Transaction Fees Are Reaching Highs Not Seen Since 2015

Despite stagnation in the value of ETH, demand for Ethereum transactions continues to increase day after day. This is largely due to the growth seen in

Bitcoin’s cumulative transaction fees surpass $1B milestone

Bitcoin’s cumulative transaction fees surpass $1B milestone

It was going to happen sooner or later, but over the past few days cumulative Bitcoin transaction fees have surpassed the $1 billion milestone.

First Mover: Ethereum a Victim of Its Own Success as Fees Soar, Vitalik Complains

First Mover: Ethereum a Victim of Its Own Success as Fees Soar, Vitalik Complains

Ethereum's growing popularity with stablecoins and DeFi projects means fees are soaring on the network. Does that offer an opening for the competition?

Top 5 Cryptocurrency Exchanges for Investing in, Swapping, and Trading Cryptocurrencies

Top 5 Cryptocurrency Exchanges for Investing in, Swapping, and Trading Cryptocurrencies

As crypto market has grown and matured, people who previously built fintech solutions are now entering crypto space. Here's the insight into top five exchanges where you can buy/trade/swap ...

On-chain activity under the microscope: Dharma Lever offers loans at 0.10% APR, MolochDAO raises $150,000 in first week

On-chain activity under the microscope: Dharma Lever offers loans at 0.10% APR, MolochDAO raises $150,000 in first week

Bitcoin and Ethereum’s Fee Ratio Multiples both down since start of 2019 The Fee Ratio Multiple (FRM) measures the extent to which transaction fee revenue must grow in order to sustain ...

Not Again: Unknown Ethereum User Pays A $2.6 Million Transaction Fee For The Second Time

Not Again: Unknown Ethereum User Pays A $2.6 Million Transaction Fee For The Second Time

An unknown crypto user doled out $2.6 million worth of Ethereum to send a small transaction yet again. This purportedly cements a bug in the user's wallet software.

Bitcoin’s Security is Fine

Bitcoin’s Security is Fine

Fears over the declining block reward are overblown

What is EIP 1559

What is EIP 1559

There are three major problems with the status quo of transaction fee markets: Mismatch between volatility of transaction fee levels and social cost of transactions: transaction fees on ...

Ethereum's 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket

Ethereum's 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket

The number of active Ethereum addresses doubled in size leaving networks like Tron, Cardano, and EOS in the dust.

Step-by-Step Guide in Buying Bitcoin using Credit Card with Coinmama

Step-by-Step Guide in Buying Bitcoin using Credit Card with Coinmama

In this guide, we will go through the step-by-step process of buying bitcoin using credit card on Coinmama.

Bitcoin Transaction Fees Drop Under $1, Returning to April Levels

Bitcoin Transaction Fees Drop Under $1, Returning to April Levels

After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56

The doomsday economics of ‘proof-of-work’ in cryptocurrencies

The doomsday economics of ‘proof-of-work’ in cryptocurrencies

Bitcoin and related cryptocurrencies are exchanged via simple technical protocols for communication between participants, as well as a publicly shared ledger of transactions known as a ...