IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
Cryptocurrency fees can be defined as money (usually in the form of one of the virtual currencies) that is paid as a on top of a transaction. The most common way to charge a fee is by taking a commission, i.e. some percentage from the amount of the transferred money. At the moment, a lot of transactions can be completed without any cryptocurrency fees unless the transaction includes a large amount of data. As miners function as the handler of transactions, they also receive commissions since each new block of the blockchain consists of their operations and, for example, a fee from Bitcoin as well. It is optional to require a commission, but any user that has found a block can include fees by their own choice. In the future, when the rewards for creating a new block will be reduced, miners will get most of their profit directly from the fees.
One of the largest NFT platforms on Binance Smart Chain has predicted this blockchain will overtake Ethereum as the biggest destination for nonfungible tokens.18989
A 31% price surge was accompanied by a 77% rise in the cost of transacting on Ethereum.10119
What the planned EIP-1559 could mean for Ethereum, DeFi and miners.20646
Optimistic Rollups are touted as the savior of Ethereum’s scalability woes, but one project warns that many of the most popular solutions have “significant issues.”7554
Smart contracts present one the most promising tech solutions for business, but there are still barriers that have to be addressed.9306
New partnerships, the growing popularity of NFT art and the upcoming launch of JumpNet are just a few reasons why Enjin has rallied more than 800%.50173
Consistently full blocks are the primary reason that gas prices have reached all-time highs.33886
The upcoming Berlin update contains EIPs aimed at reducing transaction costs, but it may not provide a long-term solution.44953
Gas tokens quietly move higher as the cost of transacting on the Ethereum network highlights the benefits of dual-token models with stable fees.49447
One of the world's largest cryptocurrency exchanges is further expanding into the payments sector.21808
Wallets interacting with Ethereum-based decentralized finance protocols have dipped significantly since mid-February.29051
The issue of scalability is vital if blockchain and decentralized applications are to accommodate a massive user base.28210
Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled.42319
On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees.34668