Users of the Muun wallet, which utilizes both the bitcoin and lightning layers to process transactions, have been charged high fees, particularly those employing it for payments at South African retail chain Pick N Pay, said Kgothatso. Congestion on the mempool has meant that swaps in the Muun wallet are expensive, with users having to foot the bill, Kgothatso added.
Related posts
-
National Power Administration ANDE Employees Allegedly Involved in Setting up Illegal Bitcoin Mining Farms in Paraguay
National Power Administration (ANDE) employees have been accused of participating directly in setting up illegal bitcoin... -
Bitcoin ATM installations reach 38k, below the all-time high
The global Bitcoin ATM market has seen significant growth. There are now over 38,000 Bitcoin ATMs... -
The Six-Digit Struggle: What if Bitcoin Falls Short of $100K?
As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn...