UTC-05:00,Thursday , September 16th 2021

Chinese Blockchain Expert HONG Shuning: Bitcoin Block Size Is Not in a Linear Relationship with Transaction Fee

11:47 Sunday , February 10th 2019
HONG Shuning said in a post on Chinese social media Weibo that the block size of Bitcoin is not in a simple linear relationship with a transaction fee. Small block size doesn't mean the transaction fee is low. The amount of transaction fee is charged due to trading volumes, market price, blockchain capacity, etc.