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To many regular participants in the Bitcoin economy, there may have been a sense that in the final months of 2017 transaction fees were rising quite significantly. There was a noticeable increase in transaction traffic across the latter part of the year, with an initial spike of high fees...
Bitcoin is a digital asset and a peer-to-peer payment network operating on a cryptographic protocol. The concept was first introduced in 2008 when Satoshi Nakamoto published the now famous "Bitcoin: A Peer-to-Peer Electronic Cash System." Bitcoin is created and held electronically and no one controls it. Bitcoin has several important...