Transaction Fees of Monero Have Almost Completely Disappeared after a Major Upgrade
A popular blockchain network Monero has experienced a dramatic decrease in the cost of its transactions. Let’s find out what could possibly influence this. Frankly speaking, Monero was one of this first platforms to test out the new innovative technology called Bulletproofs. The main goal of this technology is reducing the size (and thus the cost) of transactions by up to 80%. After the testing and successful implementation, Bulletproofs managed to cut the price of Monero transactions by whopping 96%. We remind you: Subscribe to The Coin Shark news in Facebook: