Hey Bitcoin, where did all the transaction go...?

in bitcoin •  8 years ago 


                                                                        Source: "why we need big blocks?" 

Remember simply some days past once Bitcoin’s Blocks were full, group action fees were high and everyone was talking a few scaling solution?


Well, for a few charming reason transactions have disappeared once miners in agreement to upgrade to Segwit and increase the block size limit.


Was the Spam politically driven?

I can’t facilitate however assume that the little Bitcoin Transactions that were spamming the network were accustomed manipulate the block size discussion.

                                                                               Source: Reddit user check2fire 

Today, group actions are often handled by the network with atiny low transaction fee. Moreover, the implementation of Segwit would increase network capability by a minimum of seventieth, therefore there wouldn’t extremely be needing to extend block size within the close to future.


What square measure your thoughts on this issue, what does one assume happened to any or all the low-fee Bitcoin transactions?


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  ·  8 years ago Reveal Comment

I would have resteemed this if it had 5 tags.