Cointape.com is a new tool that uses existing public data to inform Bitcoin users how much of a fee the network is currently expecting to transfer with limited delay. As seen in the following screenshot, a zero fee transaction can currently be delayed by up to five blocks, or roughly an hour (though sometimes longer). Cointape Could Alleviate User Confusion The topic of fees has been huge in the Bitcoin community as of late, centering around the size of default maximum size of blocks (how many transactions can be fit into a block) and the minimum fees users should pay. […]
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