Network gridlock: unraveling causes of crypto market downturn

Network gridlock: unraveling causes of crypto market downturn
фото показано с : btcmanager.com

2023-5-8 14:09

The recent downturn in the crypto market, marked by bitcoin’s (BTC) descent below $28,000 and the depreciation of altcoins, is due to a blend of network congestion, increased transaction fees, and an ongoing consolidation phase. The congestion within the bitcoin…

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network congestion → Результатов: 126


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Binance Corroborates Solana Network’s Congestion Issues

Solana’s congestion problem continues to devour the L1 network with the latest grumbles coming from Binance users, prompting the exchange to issue a notice on Tuesday. “The Solana (SOL) network is currently experiencing congestion due to an increase in high compute transactions, which is reducing its network capacity to several thousand of transactions per second […]

2022-1-13 00:29


Фото:

Ethereum Gas Fees Dips Amid Easing Network Congestion

The smart contract platform’s gas fees finally seem to be dipping as network congestion shows signs of easing. Ethereum Network Congestion Easing The months of June and July witnessed unprecedented transaction activity on the Ethereum (ETH) network, buoyed by the astronomical rise in popularity of decentralized finance (DeFi) protocols such as Uniswap, Aave, Compound, andRead MoreRead More.

2020-8-5 20:07


dApps on EOS blockchain Looking to Migrate If Severe Network Congestion Is Not Resolved

Since November 1st the issue of congestion has intensified as the EIDOS dapp has blocked the entire network by taking up most of the transaction processing. The network which was known for its seamless flow of transaction requires a minimum of 100 EOS at stake to perform a simple operation. The congestion issue is quite […]

2019-11-29 21:43