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What are Blockchain Transaction Fees?
THIS COURSE WILL LET YOU:
- Find out what is a blockchain
- See why is has transaction fees
- Learn how to deal with transaction fees
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Bitcoin
transaction fees
As the world's
first blockchain network, Bitcoin established the transaction fee standard that
many cryptocurrencies employ today. Satoshi Nakamoto saw that a transaction fee
might protect the network from large-scale spam attacks.
Why are transaction fees needed?
Since their
conception, transaction fees have been a fundamental feature of most blockchain
systems. When sending, depositing, or withdrawing cryptocurrency, you have most
likely encountered numerous commissions.
Basics of Bitcoin And Cryptocurrency
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