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How does the concept of "network congestion" affect transaction processing times and fees in the Bitcoin network?

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Network congestion in the Bitcoin network occurs when there is a high volume of transactions waiting to be confirmed within a limited block size and time frame. This congestion can lead to longer transaction processing times and higher fees as users compete to have their transactions included in the next block. Miners prioritize transactions with higher fees, so during periods of congestion, users may choose_

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