Home / Crypto News / Coin-based, will you introduce batch processing of transactions within a few months?

Coin-based, will you introduce batch processing of transactions within a few months?

HOME> News> Coin-Based, Will Transaction Batch Processing Be Implemented in Months?


Yuya 【CRYPTO TIMES Official Writer】

Yuya Coin Desk News

I have studied a wide range of technologies and applications of distributed ledger technology.

It turned out that Coinbase (coin base) of a major cryptographic asset exchange is planning to introduce ” batch processing ” within several months that processes multiple transactions together.

Bitcoin has been affected by the upward market from May, and the “Mempur” pool of outstanding transactions is congested, resulting in high transaction fees.

Twitter user Sergej Kotilar pointed out that the major exchanges do not respond well to this situation, and named the coin base and BitMEX.

Kotilar, coin-based CEO Brian Armstrong, announced in 2018 that he was working on batch processing, but criticized that no action was taken.

In response to this tweet, Armstrong himself replied, “Batch processing should be able to be implemented in a few months . It is embarrassing that development has taken so long.”

Embarrassing how long it has taken, turns out there is a lot of stuff to build in a growing company Batch Batched transactions should be coming out in a few months.

— Brian Armstrong (@brian_armstrong) June 6, 2019

The coin base is known to be cautious about introducing new technologies, and was criticized for having taken seven months or more to implement on the exchange when SegWit was introduced to BTC.

Related articles From the same writer

Popular articles of the same category

Author: Yuya 【Coin Desk News】 – Source Post: http://ceesty.com/w1DY6p

Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for entertainment and informational purposes only. We are not an investment advisor and do not provide financial advice.

Please check the articles which have not been reviewed and verified all articles posted on CoinNewsDesk.com. Please independently research and verify any information found here before relying on facts. It is also important to do proper due diligence and analysis, including involving disciplines No content on Coin News Desk makes up a recommendation to enter in any type of investment or any investment in any investment strategy presented on this website. before making any decision regarding investments or your personal finances.

About Coin News Desk Team