Post
Topic
Board Bitcoin Discussion
Re: why slow transactions?
by
thend1949
on 06/09/2017, 14:03:47 UTC
I have never seen things slower, when does segwit activate?
The reason for slow transaction of bitcoin is probably because of a low transaction fee, let me use a real life example, if you have customers and they call you to do something, you would go to the highest payer first, that’s how transactions are confirmed too, highest first.

I agree about it that bitcoin's slow transactions fee can caused traffic compared from much higher fees, that's why miners existed because they helped speed up the blockchain network to gain it's network strength because of fast hardwares connected to the networks. Some bitcoin earners chooses fast transactions fees so that urgent transactions can be expedite and eliminate delays, specially when there's an urgent needs.