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How batching could transform Tron

, By Cointelegraph
How batching could transform Tron
Blockchain

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Transaction fees are a major concern when sending cryptocurrency. Each transaction incurs a fee that is received by the miner, and that translates to paying hefty amounts for large organizations that regularly deal with large transactions.

Transaction batching is a method invented for such scenarios. The method treats multiple transactions as one to improve scalability and reduce costs. The feature may soon arrive on Tron, thanks to a newly submitted proposal.

The proposal was submitted by blockchain infrastructure provider Boosty Labs to the CTDG Dev…



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How batching could transform Tron

, Published By Cointelegraph
How batching could transform Tron
Blockchain


Transaction fees are a major concern when sending cryptocurrency. Each transaction incurs a fee that is received by the miner, and that translates to paying hefty amounts for large organizations that regularly deal with large transactions.

Transaction batching is a method invented for such scenarios. The method treats multiple transactions as one to improve scalability and reduce costs. The feature may soon arrive on Tron, thanks to a newly submitted proposal.

The proposal was submitted by blockchain infrastructure provider Boosty Labs to the CTDG Dev…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
How OpenAI and Google see AI changing go-to-market strategies
Next News
Meta Quest 3S is $249: Best Value VR Black Friday Deal
Cointelegraph

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