Blockchain Fees | ForkLog

ForkLog 20 30.01.2024

How EIP-4844 will affect ordinary Ethereum users

The crypto community is eagerly awaiting Ethereum’s next major upgrade—Cancun-Deneb (Dencun). It is the first large-scale update to the second-largest cryptocurrency since Shapella, activated in April 2023. Dencun spans several areas: scalability, lower gas fees, improved security, better cross-network communication and optimized data storage. This ForkLog article explains in plain terms the significance of EIP-4844—the […]

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ForkLog 17 17.01.2024

User Pays $173,000 Fee for Bitcoin Transaction

On January 16, an unidentified individual paid a fee of 4.03 BTC ($173,148) for a single Bitcoin transaction. This was highlighted by the Whale Alert service. ? A fee of 4 #BTC (173,148 USD) has just been paid for a single transaction!https://t.co/enjdN4tn6z — Whale Alert (@whale_alert) January 16, 2024 The transfer amount was only 2.9 […]

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ForkLog 27 09.01.2024

StarkNet Community Approves STRK Token Fee Payments

The Ethereum-based layer-two solution StarkNet is set to deploy its Alpha v0.13.0 update on the mainnet, with 99.86% of voting delegates supporting the upgrade. The voting for @Starknet Alpha v0.13.0 has concluded, and the result is overwhelmingly in favor, with an impressive 99.86% approval rate! pic.twitter.com/7H6T0btbhk — Starknet-Ecosystem.com ✨ (@StarknetEco) January 8, 2024 The update […]

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ForkLog 19 19.12.2023

Avalanche burns a record $18 million worth of AVAX in a week

Over the past week, the volume of burned fees on the C-Chain blockchain Avalanche reached 438,877 AVAX (~$18.1 million at the time of writing). The metric was more than ten times higher than in the previous period.

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ForkLog 11 18.12.2023

Ordinals boom pushes Bitcoin fees to record highs

The average Bitcoin network fee exceeded $37, hitting a yearly high. Expert opinions on the cost of sending transactions were divided.

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ForkLog 18 30.11.2023

AntPool to refund record Bitcoin fee of $3.1 million

The AntPool mining pool, which received a record transaction fee of $3.1 million, has said it is prepared to reimburse it.

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ForkLog 24 27.11.2023

Man who paid a record $3.1m in Bitcoin fees says he was hacked.

The user going by the handle 83_5BTC, from the address from which a record $3.1m fee was paid on November 23, says he has fallen victim to a hacker.

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ForkLog 15 23.11.2023

Unknown user pays a $3.1m fee for a single Bitcoin transaction.

On November 23, an unknown user paid a fee of 83.65 BTC ($3.1m) in a transfer of 55.77 BTC ($2.1m).

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ForkLog 22 21.11.2023

Bitcoin transaction costs have surpassed Ethereum’s level

Average transaction fees on the Bitcoin blockchain have surpassed Ethereum's corresponding metric as interest in Ordinals revived.

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ForkLog 21 17.11.2023

Polygon fees rise 1,000% after POLS launch

On 16 November, gas costs on the Polygon network surged by almost 1,000%, to around 5000 Gwei (~$0.1), as users began actively creating Ordinals-inspired POLS tokens.

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ForkLog 13 10.11.2023

Fees in Ethereum and Bitcoin networks reach monthly highs

Over the last 24 hours, users reported high transfer fees in Bitcoin and Ethereum networks — in some cases fees exceeded $200.

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ForkLog 11 17.10.2023

Expert sees signs of centralisation in Uniswap’s extra swap fees

The introduction of Uniswap swap fees is not aimed at extracting additional profits but at funding further development of the ecosystem. But the move is 'centralised', says the researcher going by the nickname Haotian.

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#Blockchain Fees