Rising fees open the door for Bitcoin’s ‘currency’ contenders

By Alex Lielacher Jan 11, 2018 3:50 AM EST

This story was shared from this site

Probably the biggest challenge that bitcoin faces today is scalability. Currently, bitcoin users are being charged an average of over $30 per transaction and transactions can take several hours to confirm. This is a far cry from the days when it was possible to send bitcoin within minutes to anywhere in the world for a few cents.

Facebook Comments


Comments are closed here.

Read previous post:
Breaking: South Korea’s Finance Ministry Refuses to Support Cryptocurrency Trading Ban

The post Breaking: South Korea’s Finance Ministry Refuses to Support Cryptocurrency Trading Ban appeared first on CCN Earlier today, on...

Close