alexander_rose_writer
Wed Mar 27 2024
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5 answers
1178
Why is Bitcoin transfer fee so high?
I'm somewhat puzzled by the seemingly exorbitant transfer fees associated with Bitcoin. Could you please explain why these fees are so high? I understand that Bitcoin is a decentralized network and that miners are compensated for their work in validating transactions, but isn't there a way to optimize the system to reduce these fees? Are there any alternative cryptocurrencies that offer lower transaction costs while maintaining the decentralization and security of the network? Thank you for your time and expertise.
