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Coinbase Moves To Lighten Blockchain Load With Bitcoin Batching

Ramsey Baker

Summary: Coinbase, the San Francisco-based cryptocurrency exchange, has begun grouping multiple Bitcoin transactions together, instead of issuing sends one by one. According to a blog post on Thursday, the new “batching” strategy will mean less strain on the Bitcoin blockchain from large numbers of transactions coming from the popular exchange. The move will make transaction fees ...

Coinbase, the San Francisco-based cryptocurrency exchange, has begun grouping multiple Bitcoin transactions together, instead of issuing sends one by one.

According to a blog post on Thursday, the new “batching” strategy will mean less strain on the Bitcoin blockchain from large numbers of transactions coming from the popular exchange. The move will make transaction fees cheaper for customers.

By Ramsey Baker

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