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> due to a stuck transaction causing a backlog How convenient for a transaction to get stuck on such a bad day for crypto prices.
by jstx1 4y ago
> due to a stuck transaction causing a backlog
How convenient for a transaction to get stuck on such a bad day for crypto prices.
- edf13 4y agoDidn’t read his next message? > This is only impacting the Bitcoin network. You can still withdraw Bitcoin on other networks like BEP-20.
- shawabawa3 4y agoBut BTCB (Bitcoin on BSC/BEP-20) is not Bitcoin To actually withdraw Bitcoin like this, you'd have to bridge your BTCB to WBTC on Ethereum, and from there bridge it back to BTC (using a custodial bridge, AFAIK there are no WBTC/BTC decentralised bridges) You'd eat 2 sets of fees along the way plus gas, probably costing you 0.3% or more
- mhluongo 4y ago
- JCharante 4y agoIf you want to withdraw to protect yourself against binance mtgox'ing, WBTC is probably safe enough.
- TrapLord_Rhodo 4y agoBinance has DEX's, why would you trade it for WBTC -> BTC?
- dhsysusbsjsi 4y agoWhich is also not Bitcoin
- coryfklein 4y agoDays like today, when price volatility – and thus transaction volume – is high, are exactly the kind of days you'd expect systems issues to manifest. As opposed to some random Thursday where no price action is happening.
- dubswithus 4y agoHalf the days are bad days. The volatility is wild. So why don't they have more issues if they are committing fraud is the question?
- spywaregorilla 4y agoNot this bad