Post
Topic
Board Bitcoin Discussion
Re: Bitcoin transasction time and fees - What are the solutions ?
by
Kakmakr
on 18/05/2017, 06:16:03 UTC
Well, there are options on the table like SegWit < temporary relief > and then Lightning Network < permanent solution > that has to be accepted by the people that are running the Bitcoin software. < Full nodes > Fortunately for us, Satoshi has built in a CONSENSUS system that prevents "bad" people from implementing "bad" code without the consensus from the Bitcoin community and this is currently in process. < They need to decide what solution are the best and signal for the change to be implemented >

To complicate things, Bitcoin Unlimited has also added their suggestion to solve the problem and people now have more options to chose from. ^grrrrrr^ Too many options complicates decision making and slows down the process, and this is possibly a strategy to cripple Bitcoin or to slow it down. < just my own opinion >