Reflections on Bitcoin Transaction Batching

1 · Coinbase · Aug. 11, 2020, 5 p.m.
How batching payments has benefited our customers, internal operations, and the overall Bitcoin networkBy Brock MillerEarlier this year, Coinbase rolled out Bitcoin transaction batching. Since launching, we have batched 100% of Coinbase Consumer and Coinbase Pro customer send requests for Bitcoin. Over this time, we’ve realized 75.2% savings in transaction fees and have passed all of those savings on to our customers. We’ve also reduced our daily transaction count by 95%. In this blog post, we’l...