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What are the Bitcoin transaction fees?

By |2017-03-15T11:58:24-05:00March 13th, 2017|

First, it is important to understand that every day hundreds of thousands of transactions are sent and received on the bitcoin network. These transactions need to be ordered and [...]

What is “synchronizing” and why does it take so long?

By |2017-03-15T10:37:32-05:00March 13th, 2017|

Technically speaking, synchronizing is the process of downloading and verifying all previous Bitcoin transactions on the network. For some Bitcoin clients to calculate the spendable balance of your Bitcoin [...]

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