Post
Topic
Board Bitcoin Discussion
Re: The fees are crazy, 420 satoshis/byte, WHY?
by
kingcolex
on 17/05/2017, 20:04:43 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.

Not really a need to bring that up here especially since there is already a solution that was brought forth but there are certain pools who shall remain nameless that don't want to participate. If you were a miner would you like 420 sat/byte or 25 sat/byte...? It all comes from greed.
Seems like there are a lot attacking core for this backlog, I guess they all forgot about Segwit.