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❓ASK Coinbase Launches Bitcoin Batching

NoLimits15

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Coinbase recently launched a new feature called Bitcoin batching which drastically reduces transaction fees and also occupies less space on the blockchain network. This means that more transactions can be carried out through the network. The batching works by joining transactions into a single block instead of one transaction occupying one single block at a given time.
 
Yeah I think it was implemented very recently because yesterday when I tried to send bitcoins worth $2 to another address from my coinbase wallet , the fees was just around 2000 satoshis.
 
It is very good news because the fees of transacting is a very high even in coinbase and another exchanges it is even more than that
 
Yeah nowadays the transactions are being almost instantly processed in coinbase , which i liked a lot because in other wallets they are very slow and ask more fees comparititively.
 
This is good because of the reduction in fees which was a huge headache to me. But the question is sending transaction in large volume what could be the significant importance.
 
that's a great news to be honest especially when the fees are reduced because sometimes coinbase has big fees when you transfer money but it's still the most secure one
 
Every wallet is trying or working round the clock with no innovation so as to gain more subscribers, the batching will surely make lot of people consider coinbase. I wish to know if the transaction fee is less for coinbase to other wallets too?.
 
Although I don't fully understand the system but I do heartily applause it I feel very happy about it because bitcoin transactions really needed a kick
 
Most times I am lucky when ever I send bitcoin the network is usually not crowded so it goes faster and the fee is lower, so regardless the time with batching one can send anytime.
 
That is really some good news ans I do hope that now the price of the transaction will come down because in the past I never transferred bitcoin rather I converted them to other coins
 

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