Earlier 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’ll walk through how transaction batching works and look at the impact in detail. Transaction batching works by packaging up many customer send requests into a single transaction rather than creating a new transaction for every request. In ... (full story)