Re: Will Bitcoin have faster transations with lower or no fees?
The main problem of BTC transations is the unpredicteble time to receive the payments. Will Bitcoin in the future have faster transations? And what about the fees? Will the fees decrease on the future? What solutions are being developed? What will be the future of Bitcoin about these questions?
Transactions are almost INSTANT.
Confirmations are based on the 10 minutes delay between blocks.
One of the exchanges I use requires just one the other 3, so even if the tx makes it in the first block my funds will get confirmed by them 20 minutes later.
And fees will go as high as people are willing to pay and as low as usage can get.
The only solution is LN:
https://en.bitcoin.it/wiki/Lightning_Network
As for the future....my crystal globe needs a nougat upgrade
