Bitcoin Forum

Bitcoin => Press => Topic started by: kambarov on July 13, 2015, 01:20:40 PM



Title: [2015-07-13] Ledger Chrome App allows to adjust fees for faster confirmation
Post by: kambarov on July 13, 2015, 01:20:40 PM
A new version of Ledger Chrome App allows users to choose the speed for transaction confirmation. If you want to confirm your transaction immediately, you have to pay up to $0.3 USD per 1 KB of your data.

Ledger announced their decision both on Reddit and on Twitter:

“As the number of broadcasted transactions continues to rise, it gets more and more difficult to get quick confirmation using fixed fees.”

The company introduced the following fees:
Fast confirmation (next blockchain data block)  -          1.01 mBTC ($0.29)
Medium confirmation (confirms in 3 blocks)      -          0.45 mBTC ($0.13)
Low (confirms in 5 blocks)                             -          0.39 mBTC ($0.11)

Users can choose the transaction speed when they send bitcoins to another user using Ledger wallet.

http://www.coinfox.info/news/2379-ledger-chrome-app-allows-users-to-adjust-fees-for-faster-confirmation