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Unconfirmed transactions On Bitcoin Network At Highest Level Since 2017

By CDM Staff

October 29, 2020

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Unconfirmed transactions On Bitcoin Network At Highest Level Since 2017 — *Image by Blockchain Business Templates*

The Bitcoin network has slowed down amid Bitcoin’s (BTC) new price highs, causing a large number of unconfirmed transactions.

According to the mempool transaction count on Blockchain.com, the number of unconfirmed Bitcoin transactions surpassed 100,000 on Oct. 27. This is the highest number of unconfirmed Bitcoin transactions recorded since late 2017, when Bitcoin hit $20,000.

The all-time high of unconfirmed transactions in the Bitcoin mempool was recorded in early December 2017, accounting for about 180,000 transactions, according to data from Blockchain.com...

To read more visit CoinTelegraph.

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CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."