Economics, Money, Database transaction, Costs, Transaction cost, Credit card

Ethereum’s Fees Mean Choosing Between a World Computer and a Financial Network

On Aug 24, 2020
@dgwbirch shared
“Transactors on Ethereum paid $8.6m in total fees on Aug. 13, with per-transaction costs coming in at a median of $3.60” https://t.co/fGJhJkYeEJ
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Large public blockchains are destined to privilege the largest, most fee-tolerant transactions at the expense of non-financial uses.

www.coindesk.com
On Aug 24, 2020
@dgwbirch shared
“Transactors on Ethereum paid $8.6m in total fees on Aug. 13, with per-transaction costs coming in at a median of $3.60” https://t.co/fGJhJkYeEJ
Open

Ethereum’s Fees Mean Choosing Between a World Computer and a Financial Network

Ethereum’s Fees Mean Choosing Between a World Computer and a Financial Network

Large public blockchains are destined to privilege the largest, most fee-tolerant transactions at the expense of non-financial uses.

With BANKEX Plasma Buying Coffee With Crypto Becomes More Than a PR-trick

With BANKEX Plasma Buying Coffee With Crypto Becomes More Than a PR-trick

Several years ago, when shops and cafés started offering customers the option to pay with crypto, they encountered two problems trying to use cryptocurrencies in real life: transaction cost ...

Blockchain – A Platform for IoT Solutions

Blockchain – A Platform for IoT Solutions

blockchain technology is going to change the whole IoT industry. In this article, I am going to use scenarios to tell you how this is going to happen.

Ethereum in BigQuery: a Public Dataset for smart contract analytics

Ethereum in BigQuery: a Public Dataset for smart contract analytics

Ethereum transactions, like some other cryptocurrencies, are stored in a public ledger. Learn how to analyze that ledger in BigQuery to better understand transaction and even contracts ...

Ethereum Fees Just Hit a Multi-Year High, But There Are Solutions

Ethereum Fees Just Hit a Multi-Year High, But There Are Solutions

The past few weeks have seen Ether stall in terms of price action, with the cryptocurrency trading between $210-240. Not the same can be said about Ethereum's u

How to succeed in Bitcoin’s command economy

How to succeed in Bitcoin’s command economy

The first weekly distribution of LTBCOIN to members of the audience is on Saturday the 5th , we're giving away 1.7 million LTBCOIN to users like you.  Learn more [Note: a PDF of this ...

Ripple Vs. Ethereum: What’s The Difference?

Ripple Vs. Ethereum: What’s The Difference?

The differences between Ripple and Ethereum are vast. Click to learn more about their impact on the blockchain industry!

Cryptocurrencies in the Top 100 With Working Products That Are In-Use

Cryptocurrencies in the Top 100 With Working Products That Are In-Use

Crypto is still far from ready for mass adoption, but how many of the top cryptocurrency projects even have working products? The answer might surprise you!

A New Blockchain Project Is Generating 20% Of Daily Bitcoin Transactions

A New Blockchain Project Is Generating 20% Of Daily Bitcoin Transactions

A project that intends to better secure alternative blockchains now accounts for 20% of daily Bitcoin transactions.

Thinking Outside the Blocks

Thinking Outside the Blocks

Two complementary technologies—blockchain and digital tokens—give data the continuity of physical assets and help solve the challenges of digital identity and trust. And they have the ...

A quick introduction to Bitcoin

A quick introduction to Bitcoin

Get a simple introduction to Bitcoin and why it matters. | Individuals, businesses, developers: learn from our simple Bitcoin guides. How Bitcoin works, what is Bitcoin, what is blockchain, ...