Quote from: supermine on December 09, 2017, 03:35:30 PM

That's really good news for the bitcoin users this will reduce transaction fee to affordable for little amount transactions to this will encourage the bitcoin users to spend their bitcoins but still many people don't want to spend the bitcoin because we can get more profits by just holding the bitcoins.
But if that implemented then price increase rate will be much than before so I am looking forward to implement the lightning network.And this also helps to decrease the pending transactions in recent time the pending transaction rate has been increased upto 10 times so the fee is getting expensive so it need to be implemented soon.

The upgrades are needed in bitcoin. The transactions are very slow and they're expensive. lightning can solve this problem, or it can make the transfers faster than ever. Anyway, good news for bitcoin.