News about Fees

More / Bitcoin Reddit - 5 months ago

What's with the weird network activity? Someone is consolidating thousands of "packets" of identical multisig UTXOs all to a single address. Around one million UTXOs consolidated in the last four hours. $10M+ spent in fees. Who is this and what are they d

The UTXOs are being consolidated in packets of exactly 138 inputs, with every input exactly the same size. In other words, this isn't an exchange consolidating user deposits. What's going on? Why would so much bitcoin even exist in these pack...

More / Etherum Reddit - 6 months ago

How to account for total gas fees

I know that the total transaction price will be the gas consumed * current gas price but how do I find out how much gas it will take for that transaction? Furthermore usually contracts include approvals before actually being able to lend, borrow, and...

by COINS NEWS - 6 months ago

USDC Network Lowest Gas Fees ADVICE

I am looking to buy and transfer some USDC to cash it out. Available networks are Ethereum, Solana, Polygon, Stellar, Abitrum, Avalanche, and Optimism. Which one would have lowest gas fees to send USDC? Any caveats specific to USDC on that network al...