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RE: Best BTC Lightning Wallet Apps to use with Hive

in LeoFinance3 years ago

For quite a few weeks now, depending on the time of day, full chain bitcoin transactions are very cheap but you need to understand how the Mempool and fee rates work.

I need to do a post on this or try googling.

https://mempool.space/

image.png

If you learn to read this chart you can see that 1 sat/vB (which is the cheapest it can be) will probably get your transaction into a block within 30 minutes, for BTC this is great. You shouldn't be relying on BTC for instant confirmations, that's what Lightning is better for.

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