Tag: high transaction costs

Why Is Ethereum So Expensive To Transfer

Since its creation in 2015, Ethereum has been a popular choice for blockchain applications. The platform’s ability to create decentralized applications (dapps) has drawn in developers and users alike. However, one of the biggest barriers to Ethereum’s widespread adoption has been its high transaction costs. In order to understand why Ethereum is so expensive to […]

How Long Does Blockchain Take To Send Bitcoin

Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Bitcoin is more correctly described as the first decentralized digital currency. Bitcoin is a peer-to-peer currency, meaning that transactions take place directly between users without the need for a third […]