Batch transactions refer to the process of grouping multiple transactions together into a single operation. This method is used to enhance efficiency and reduce costs associated with processing each transaction individually.
By combining several transactions, the network can minimize the amount of data processed and the fees incurred. This is particularly useful during times of high network traffic, where individual transaction fees might surge due to demand. Batch transactions also contribute to improved privacy, as grouping multiple transactions can make it harder to identify the specifics of each one.
This helps in concealing the details of transactions, offering users an additional layer of security. Overall, batch transactions streamline the transaction process, making it faster and often cheaper while providing added benefits in terms of privacy.
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