All Posts Tagged “Fees”

Shiba Inu overview In August 2020, Shiba Inu was launched following the success of Dogecoin . It aims to build a decentralized ecosystem that includes a decentralized exchange and a growing NFT marketplace. As a result, SHIB has become a serious contender in the cryptocurrency market. The project has a distinctive origin story , emergi

A recent BTC transfer, which was mined in block 818087, has set a new record for the largest-ever transaction fee paid in the 14-year history of Bitcoin . Let’s explore the details of this suspicious transfer and find the reasons behind such a huge amount of the fee paid.  What Happened?  On 23 November, the Bitcoin blockchain re

When transferring cryptocurrencies between wallets, all existing blockchains charge a fee in the form of a fee, which is a reward for mining or stacking (PoW or PoS). Each network has its own fee policy and it depends on many factors; its number varies throughout the day, and network congestion factors and transaction sizes in bytes are taken i

While cryptocurrencies have been around for a long time, they are still confusing for many people. The less obvious and common concern about cryptocurrencies is the so-called transaction fees that differ from one coin to another and how to find the cheapest of them.  What is a crypto transaction fee? A crypto transaction fee is essentially