{"id":39355,"date":"2020-04-24T18:52:41","date_gmt":"2020-04-24T22:52:41","guid":{"rendered":"https:\/\/www.opensource.im\/uncategorized\/roger-ver-claims-his-bitcoin-transaction-fees-totaled-1000-at-times-cointelegraph.php"},"modified":"2020-04-24T18:52:41","modified_gmt":"2020-04-24T22:52:41","slug":"roger-ver-claims-his-bitcoin-transaction-fees-totaled-1000-at-times-cointelegraph","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/bitcoin\/roger-ver-claims-his-bitcoin-transaction-fees-totaled-1000-at-times-cointelegraph.php","title":{"rendered":"Roger Ver Claims His Bitcoin Transaction Fees Totaled $1,000 at Times &#8211; Cointelegraph"},"content":{"rendered":"<p><p>Bitcoin Cash (BCH) proponent, Roger Ver, claims he paid thousands of dollars in Bitcoin (BTC) fees on multiple occasions.<\/p>\n<p>\"I paid a thousand dollars in fees for a single transaction on the Bitcoin network, more times than I can count,\" Ver said in a video posted by Bitcoin Meme Hub on Twitter.<\/p>\n<p>Bitcoin's chain split into Bitcoin Core and Bitcoin Cash in 2017, dividing a chunk of the community after disagreements over the asset.<\/p>\n<p>Proponents of big blocks wanted faster transactions at lower cost. Those folks veered off with the BCH side of the fork. Bitcoin Core advocates wanted to keep a lower block size, partly to help BTC remain decentralized.<\/p>\n<p>The Bitcoin Cash community saw even further divide in 2018, when BCH itself split into Bitcoin Cash and Bitcoin Satoshi's Vision (BSV).<\/p>\n<p>A well-known name in the crypto industry, Roger Ver has argued the point of fees and usability many times, often lobbying that BTC is too slow, expensive, and unable to scale.<\/p>\n<p>On April 7, Reddit user, Braclayrab,posted that, \"If everyone on BTC wanted to move their coins, it would take 165 days.\"<\/p>\n<p>\"That's almost six months,\" Ver said in an April 9 video response to the Reddit post. \"Does that not seem crazy to anyone else.\"<\/p>\n<p>Users saw similar difficulties near the peak of Bitcoin's $20,000 bull run in 2017 and early 2018, when transactions stalled amid soaring fees. Ver has often riffed on the concept of Bitcoin Core being a slow and expensive network, pointing toward BCH as an alternative.<\/p>\n<p>In contrast, BTC proponents, such as programmer Jimmy Song, often mention the other side of the table, in keeping BTC decentralized through smaller blocks. <\/p>\n<p>Bitcoin Cash recently completed its halving roughly one month before Bitcoin's scheduled May halving event.<\/p>\n<p><!-- Auto Generated --><\/p>\n<p>See the original post here:<br \/>\n<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/roger-ver-claims-his-bitcoin-transaction-fees-totaled-1-000-at-times\" title=\"Roger Ver Claims His Bitcoin Transaction Fees Totaled $1,000 at Times - Cointelegraph\" rel=\"noopener noreferrer\">Roger Ver Claims His Bitcoin Transaction Fees Totaled $1,000 at Times - Cointelegraph<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Bitcoin Cash (BCH) proponent, Roger Ver, claims he paid thousands of dollars in Bitcoin (BTC) fees on multiple occasions. \"I paid a thousand dollars in fees for a single transaction on the Bitcoin network, more times than I can count,\" Ver said in a video posted by Bitcoin Meme Hub on Twitter. Bitcoin's chain split into Bitcoin Core and Bitcoin Cash in 2017, dividing a chunk of the community after disagreements over the asset. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24697],"tags":[],"class_list":["post-39355","post","type-post","status-publish","format-standard","hentry","category-bitcoin"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/39355"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=39355"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/39355\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=39355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=39355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=39355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}