2018-10-27 11:00:32
What it came from the Monero upgrade to Bulletproof transactions? With the recent activation of Bulletproofs on Monero,
Bittrex has reduced the $XMR withdrawal fee to 0.0001 XMR.
Binance has lowered XMR withdrawal fees to 0.0001 $XMR.
Bitfinex has reduced Monero $XMR withdrawal fees from 0.04 to 0.0001 XMR.
Bulletproofs will replace a a mathematical method hiding amounts of transactions currently used. The currently used method is the reason why the blockchain is pretty big and a normal transaction uses 13kB. With bulletproofs, this will be reduced by ~80% making the fee lower, the blockchain growth smaller, and the network faster.
Learn more about Bulletproof here.
882 views08:00