Tag: 1000x

Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data

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Fresh data from Glassnode demonstrates that Bitcoin’s (BTC) Lightning Network is significantly cheaper to use than legacy payment networks. The median fee rate, or the cost of sending value across the Lightning Network, is 0.0029%, 1,000 times cheaper than that of MasterCard of Visa payment processors.  James Check, lead analyst at Glassnode, told Cointelegraph that the median fee rate, or the fee charged per 1 BTC sent across the Lightning Network, is currently 3,000 Satoshis (the smallest unit of Bitcoin). That is “equivalent to $0.84 to send $28,800 worth of…

XRP (XRP) and Litecoin (LTC) Are Promising Faster Payments but They Both Lack the Interoperability of Snowfall Protocol (SNW) and Its 1000x Profit Potential

Place/Date: – January 25th, 2023 at 2:12 pm UTC · 3 min read Source: Snowfall Protocol XRP (XRP) is a cryptocurrency developed by Ripple Labs for payment and settlement solutions, but it does not offer interoperability with other blockchains. On the other hand, Litecoin (LTC) is a decentralized peer-to-peer cryptocurrency that offers faster transactions than Bitcoin. However, both XRP (XRP) and Litecoin (LTC) cannot interact with different blockchains, and this is why Snowfall Protocol (SNW) has become increasingly popular with investors. Snowfall Protocol (SNW) – The Multi-chain Solution Snowfall Protocol…

Are These The Next 1000x Tokens? Why Chain, KAVA And Snowfall Protocol Are About to Skyrocket in Value!

Place/Date: – October 26th, 2022 at 12:46 pm UTC · 3 min read Source: Snowfall Protocol Cryptocurrencies are on the rise again, and it looks like some new tokens are about to take off! Chain (XCN), Kava (KAVA), and Snowfall Protocol (SNW) have all seen impressive growth in recent weeks and look poised to keep rising. If you’re looking for a cryptocurrency that could potentially experience 1000x growth, these three are worth keeping an eye on! In this insightful market report, we’ll take a closer look at Chain (XCN), Kava…

User pays 1000X fee to send 4 BTC

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Fat fingers? A Bitcoin (BTC) user spends over $200 to make a transaction, paying astronomically above the average fee.  In a transaction that entered Bitcoin block 760,077, a user paid 1,136,000 Satoshis, (0.0136 BTC, $220.52) to move 3.8 BTC ($63,00). This extraordinarily high fee is a whopping 1,000 times the usual Bitcoin transaction fee, as at block height 760,077, the average transaction fee was roughly $0.20. Twitter user Bitcoin QnA first spotted the out-of-the-ordinary transaction, asking, “Y tho?”. The Bitcoin educator told Cointelegraph that “Ultimately we’ll never know, [why they…

💥Tips and Tricks💥 For Failed Transactions on Ethereum PulseX Pulsechain Cryptocurrency

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Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’ – Mining Bitcoin News

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The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt” than today’s GPU or SHA256-based mining equipment. Intel to Engage in Blockchain Technology On Friday, the senior vice president of Intel’s Accelerated Computing Systems and Graphics Group, Raja M. Koduri, published a blog post that discussed blockchain technology and the…