In the field of digital currency, Coinbase, as a well-known trading platform, has always attracted much attention. Recently, there was news that Coinbase will unlock the 7-year-long congestion of the Bitcoin network and enable the batch trading function. This news will undoubtedly bring earth-shaking changes to the entire cryptocurrency market. Let us explore this major event in depth and uncover the inside story.

Coinbase has always been an important hub for Bitcoin transactions, but it has not opened the batch trading function for a long time, which has led to congestion in the Bitcoin network. This situation lasted for a full 7 years, making many traders anxious. However, with Coinbase announcing the upcoming launch of batch trading, this historic moment has finally arrived.

Batch trading refers to processing multiple transactions at once, rather than processing them one by one as in the past. This will greatly ease the pressure on the Bitcoin network, improve transaction efficiency, reduce handling fees, and bring users a better trading experience. Coinbase's move is considered a revolutionary advancement in the Bitcoin network and will have a positive impact on the entire industry.

For Bitcoin holders and traders, Coinbase's batch trading function means a faster and more convenient trading experience. They will be able to conduct buy and sell operations more efficiently without worrying about transactions being blocked or delayed. This will greatly enhance users' enthusiasm for participating in the digital currency market and inject new vitality into the market.

In addition to improving user experience, Coinbase's batch trading will also have a profound impact on the entire digital currency market. With the increase in transaction speed and the reduction in handling fees, more funds will flow into the market, promoting the popularization and development of digital currencies. This will bring more opportunities and challenges to the entire industry, and will also promote the advancement and application of blockchain technology.

In this digital age, Bitcoin, as a decentralized digital currency, is gradually moving towards the mainstream. The launch of Coinbase's batch trading function is not only an innovation of the Bitcoin network, but also an important step for the digital currency industry to mature. We look forward to the changes that Coinbase's move will bring to the entire industry, and we also believe that the future of Bitcoin will be brighter.

In general, Coinbase's unlocking of Bitcoin network congestion and ushering in the era of batch trading are of great significance to the entire digital currency market. This move will change users' trading experience, promote the development of the digital currency market, and bring new opportunities and challenges to the industry. Let us look forward to witnessing the vigorous development of the digital currency industry and welcome a brighter tomorrow together.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coinbase has been blocking the Bitcoin network for 7 years? Bitcoin batch transactions are finally coming, and if we were to make a list to see who is the "culprit" delaying the popularity of Bitcoin, Coinbase would rank quite high. However, the company's CEO Brian Armstrong finally confirmed on Twitter yesterday that the batched transaction service will begin in a few months. Bitrefill's CEO Sergej Kotliar accused Armstrong of mismanaging the transaction infrastructure on May 31. After 7 years of operation, Coinbase still consumes a lot of memory pool space, causing congestion on the Bitcoin network. Coinbase was working on batch transactions as early as January 2018, but almost a year and a half later, the 7-year-old exchange has still not been able to do so. Yesterday, Armstrong finally responded to Kotliar's tweet, confirming that "batch transactions will be launched in a few months." He also said that it was "embarrassing" that it took so long: "It turns out that there are a lot of things to do in a growing company." As the company grows, Armstrong has encountered many embarrassing situations. From the resignation of key members of the team to the mistake of hiring Neutrino. The company’s employees have been linked to the controversial hacker team, which is used by authoritarian governments to spy on citizens and engage in malicious activities.

The error also led to the deletecoinbase movement as the community felt strongly about the decision.

Coinbase not only took up a lot of memory pool space for not batching transactions, but also came under fire for its high fees, as did Bitpay, a U.S.-based cryptocurrency payment processor.

In the future, it is hoped that more cryptocurrency companies — especially those with a large user base — should take the necessary steps to help achieve the popularization of cryptocurrencies.