Fee

In the world where blockchain-technologies and cryptocurrency took place we can notice new IT-companies almost everyday. Each of them is trying to find the solution to different problems in the industry, but not all are successful. Still there is an example of success. We are talking about the Russian company called Paymon.

Cryptocurrency hit the mainstream at the end of 2017. News publications spoke at length about the rags-to-riches stories of early crypto investors. They obsessed over the unlimited potential of the emerging technology. However, they rarely mentioned the difficulty of achieving true liquidity through cryptocurrency assets.  

Welcome back to Coin Idol TV News channel. Today’s most important news from the world of Blockchain and cryptocurrency: Bitcoin physical debit cards are coming back in Europe; Bitcoin transaction fees hit a record low; Hackers attacked Atlanta's government computers to demand ransom in cryptocurrency.

Bitcoin transaction fees have fallen to their lowest mark for a year, as Bitcoin Core Fee, a major information source on the cryptocurrency market, posted on its Twitter. The current transaction fee is 1 satoshi per byte to get into the next block.

With Bitcoin being hampered by fees and longer waiting times for transactions in recent months, many services online that previously offered BTC payments have introduced various other cryptocurrency payment options. The most popular of these seem to be Litecoin, Ether, Dogecoin, BitcoinCash, and Monero.

First Crypto ETF, the world’s first exchange-traded fund for cryptocurrencies, will establish a Dash masternode and distribute the rewards earned through the masternode to First Crypto ETF token holders.

Already today, on March 5, 2018 at 12:12 UTC, the main ITO round of the Datarius project – the first social p2p cryptobank, starts. Users, natural and legal persons from all over the world, will be able to interact directly with each other, thereby avoiding the middlemen and paying only a minimal fee to the platform, at their discretion, based on the additional services selected. The final public round will also determine the total number of tokens in the Datarius ecosystem.

The 700,000 SiaCoin from Nanopool’s previous campaign are still fresh on the blockchain and the pool’s developers have already launched a new one. This time, in a push to attract miners, the service has decided to eliminate all fees, as announced on its Twitter account. SIA can now be mined for free. The campaign will last at least two weeks.

The adoption rate of cryptocurrencies by the public at large and into general practices across a huge host of industries is still slow. DAG currencies are trying to fix this.