Why bitcoin transaction is slow

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The Bitcoin scalability problem refers to the limited capability of the Bitcoin network to handle large amounts of transaction data on its platform in a. bitcoinnodeday.org � en-us � articles � Why-hasn-t-my-tr. These slow and sporadic transaction times can be attributed to several factors, including total network activity, transaction fees, and hash.

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In the end, several factors determine the speed with which your transaction will be mined. How and why does it happen? When the network is congested, several transactions pour into the mempool. The hard fork proposal was rejected, and some of the funds were recovered after negotiations and ransom payment. A very important thing to note about the Bitcoin network is that it suffers from scalability limitations.