Jump to content

[News] Donation worth $1.5 carried a $13.46 transaction fee


Ymerej

Featured Comment

Posted

Andreas Antonopoulos Receives a $1.5 Bitcoin Donation With $13.46 in Fees

One of the bigger stories last week how Andreas Antonopoulos received a lot of Bitcoin donations. After being publicly “shamed’ by Roger Ver, the community showed their goodwill. One thing that seemed to go by unnoticed is how the high Bitcoin fees play a big role in all of this as well. More specifically, one donation worth $1.5 carried a $13.46 transaction fee. Bitcoin becomes less and less suited as a currency every single week, to say the least.

Bitcoin has a lot of network issues these days. While the transaction delays are almost solved, the fee situation is still worrisome. The recent Andreas Antonopoulos donation spree only confirms as much. One particular donation had almost 10 times its original value in transaction fees. Such a development is absolutely unacceptable, to say the very least.

Whether or not situations like these will force people to altcoins

 

To Read More about it here's the Link: http://www.newsbtc.com/2017/12/12/andreas-antonopoulos-receives-1-5-bitcoin-donation-13-46-fees/

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

Privacy Policy Terms of Use