As it became known, the mysterious party that had transferred 124 946.6 BTC proved to be BitFinex. According to the exchange’s CTO Paolo Ardoino, the transaction was but a part of transferring 150 thousand BTC to the company’s hot wallet.
According to data provided by Blockchain. com, over $410 billion was transacted in Bitcoin (BTC) in 2018, averaging over $13,000 per second.
Dr. Pieter Wuille, co-founder of Blockstream and one of the most prolific Bitcoin Core developers, announced on Monday a new open-source project that will focus on making improvements to “BTC transaction relay.”
In recent months many bitcoin users have been complaining about their transaction taking hours to get confirmed. Indeed, this happens quite often, and some users think that increasing a transaction fee could save the day. But is this really a remedy?