Carlo
Tue May 14 2024
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6 answers
1304
How to earn Bitcoin transaction fees?
I'm curious, how exactly do we earn Bitcoin transaction fees? It seems like a lucrative aspect of the cryptocurrency world, but I'm still trying to wrap my head around it. Could you explain the process in detail? Is it simply by facilitating transactions on the blockchain, or are there other methods involved? Also, how does the amount of fees earned depend on factors like transaction volume and network congestion? I'm eager to learn more about this aspect of Bitcoin.
SsangyongSpirit
Thu Mar 28 2024
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6 answers
1318
Is ETH expensive to send?
Excuse me, I'm quite new to the world of cryptocurrencies. I've been hearing a lot about Ethereum, or ETH, and I'm curious about its transaction costs. Is ETH expensive to send? I understand that gas fees are involved, but I'm not sure how significant they are compared to other forms of payment or transactions. Could you possibly explain this to me in a bit more detail? Also, are there any ways to minimize these costs while still maintaining the security and speed of the transaction? Thank you for your time and assistance.
