Definition ∞ A micro transaction is a very small financial exchange, typically involving minimal amounts of currency. In the digital asset space, these refer to blockchain transactions with extremely low monetary value. The feasibility and cost of micro transactions are critical for the widespread adoption of certain decentralized applications and payment systems. Low fees are essential for their practicality.
Context ∞ News concerning micro transactions in crypto often addresses the scalability challenges and transaction fee structures of various blockchain networks. Reports frequently compare different protocols based on their ability to process these small payments efficiently and economically. The development of layer-2 solutions aims to reduce costs and increase throughput, thereby enabling more practical micro transactions for everyday use. This progress is crucial for expanding the utility of digital assets beyond large-value transfers.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
