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What is the byte size chart for cryptocurrency transactions?

avatarABIR DRIDINov 24, 2021 · 3 years ago1 answers

Can you provide a detailed byte size chart for cryptocurrency transactions? I would like to understand the byte size of different types of cryptocurrency transactions and how it affects the transaction fees.

What is the byte size chart for cryptocurrency transactions?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    Byte size for cryptocurrency transactions can vary depending on the specific cryptocurrency. Here are some approximate byte sizes for popular cryptocurrencies: Bitcoin (BTC) - On average, a Bitcoin transaction takes up around 250 bytes. Ethereum (ETH) - An Ethereum transaction typically requires around 21,000 gas, which translates to approximately 21,000 bytes. Ripple (XRP) - A typical Ripple transaction has a byte size of around 100 bytes. Litecoin (LTC) - The average byte size of a Litecoin transaction is around 225 bytes. Keep in mind that these byte sizes are not fixed and can change depending on factors such as the complexity of the transaction and the specific cryptocurrency's network protocol. I hope this answers your question! If you need more information, feel free to ask.