Post
Topic
Board Bitcoin Discussion
Re: The fees are crazy, 420 satoshis/byte, WHY?
by
Silberman
on 17/05/2017, 01:35:54 UTC
According to https://bitcoinfees.21.co/, it needs 420 satoshis/byte to get fast confirmations.  Anyone know why the fees are going higher and higher?



Because of Bitcoin Core developers incompetence.
This is unfair, the developers already developed a solution that they think will help alleviate this problem, but it has not gained traction with the miners, this is more an issue of politics and economic interests than an issue of technology.